Cuervo IPO on Hold

The Beckmann family, owner of Casa Cuervo, has pulled its $1 billion initial public offering from the Mexican stock exchange because of market uncertainty. The company will reportedly reevaluate the decision in January, reports Reuters.Recall, the IPO was officially filed in September [see WSD 09-27-2016], and was then pushed back to November due to the US election. When Jose Cuervo first announced it would push back the IPO to November, the company said it was due to "audit-related snags" while