The sale would include brands such as Centenario, Fundador, Terry 1900, Tres Cepas and Terry Centenario. They may fetch about €100 million ($112m), reports Bloomberg’s Manuel Baigorri.
He said no final decision has been made but sales of brandy have declined in Spain as younger people shift to other alcoholic drinks including gin or whisky.
He said Beam Suntory declined to comment on the rumour.
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