Earlier this year, it emerged Pernod Ricard was weighing up the idea of selling the brand. The potential sale of Mumm Champagne has attracted a number of interested parties, Just Drinks understands.

The UK government has shelved plans for restrictions on alcohol ads but has laid out plans to bring in "mandatory" nutritional and health warning labels.

Kentucky-based bourbon producer J Mattingly 1845 is to be acquired by private-equity group Gold Corn & Co. for an undisclosed sum.

The World Health Organization (WHO) is again urging countries to raise prices on goods such as alcohol and sugary drinks.