Chinese food and drink conglomerate Bright Food has denied interest in Foster's wine division, according to local a report.

Bright Food was flagged up as a possible buyer of Foster's wine assets after the Australian drinks firm said two weeks ago that it would demerge its wine and beer arms.

However, Bright Food's vice president was this week quoted in the China Securities Journal as saying that, while the company is interested in Australian wine assets, it is not looking at Foster's.

For more just-drinks' in-depth coverage of the Foster's demerger plan, click here.