Pernod Ricard is looking to raise funds after it paid £5.6bn for Vin & Spirit – former owner of Absolut vodka - last year.
The report follows the sale of Wild Turkey bourbon to Campari for $575m earlier this year.
Pernod Ricard has not made any formal announcement about the plans and when contacted by Drinks International, a spokesperson said: “Pernod Ricard never comments on speculation over possible acquisitions or disposal.”