Jose Cuervo has announced it has raised more than $900m through an initial public offering (IPO) priced at 34 pesos per share.

Jose Cuervo is a tequila producer based in Mexico.

Maui Brewing Company (MBC) has announced its plans to partner with Evolution Spirits (operating as Monkey Rum).

MBR is a beer, sodas, ciders, and meads producing brewery, while Monkey Rum is a rum producer.

The partnership will produce a limited edition of barrel-aged craft spirits and help Monkey Rum expand operations in the US.

Both the companies involved in the transaction are based in the US.