Oaktree Capital Management is planning to sell central European drinks company, Stock Spirits, Reuters reports. The U.S. global investment manager is also considering an initial public offering of the company.
OakTree may consider bids from buy out firms, including Advent International, Warburg Pincus and Lion Capital. In November, Stock Spirits had appointed Credit Suisse to advise it on “future strategic options.”
Click here for the story from Reuters.