Pernod Ricard Open to the Idea of Taking on Jose Cuervo

Pernod Ricard said today that it would be open to discussions with Jose Cuervo tequila now that Cuervo's distribution agreement with Diageo is set to expire at the end of June. "Jose Cuervo is a company we know very well. We are open to all forms of discussions," Pierre Pringuet, Pernod's ceo, told Dow Jones.

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