Jose Cuervo News
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Pernod Ricard SA, the maker of Absolut vodka, indicated an interest in acquiring Jose Cuervo after its biggest competitor failed to buy the tequila brand, though downplayed the prospect of any imminent deal.
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Echo Hopkins’ love of tequila began with a happy hour margarita at the Blue Moon Mexican Café in Bronxville, New York. Four years later, her tastes have matured, and she now eschews cheap margaritas in favor of tequilas costing $10-plus a shot meant to be sipped and savored.
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Diageo Plc, the world’s largest distiller, maintained its pace of profit growth in the first half as it shifted away from the depressed economies of Europe and toward faster-growing emerging markets.
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Pernod-Ricard SA, France’s biggest distiller, said it doesn’t plan to take on “agency brands” in the Americas, cooling speculation that it may take over Diageo Plc’s distribution agreement for Cuervo tequila outside Mexico.
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Diageo Plc , the maker of Johnnie Walker scotch and Smirnoff vodka, is in talks to buy Jose Cuervo, the world’s biggest tequila brand, for more than $2 billion from its family owners, according to three people with knowledge of the matter.
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Diageo Plc , the maker of Johnnie Walker scotch and Smirnoff vodka, is in talks to buy Jose Cuervo, the world’s biggest tequila brand, for more than $2 billion from its family owners, according to three people with knowledge of the matter.
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Diageo Plc, the world’s largest liquor maker, appointed Goldman Sachs Group Inc. and HSBC Holdings Plc for advice on gaining control of Jose Cuervo from family owners, people familiar with the plans said.
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U.K. stocks closed little changed at an eight-month high amid speculation that the Federal Reserve will expand its asset purchases to provide economic stimulus and a report that showed German investor confidence increased in December.
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European stocks advanced to an 18- month high amid speculation the U.S. Federal Reserve will expand stimulus measures and as German investor confidence in November beat forecasts.
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Carlos Slim, the richest man in the world, arrived at the Happy Hearts Fund gala last night as a mariachi band blasted. In one corner, mole and coffee were served, in another, a 9-week-old puma named Zeus jumped around a mockup of his native habitat.
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