Sweden's V&S Group, the maker of Absolut Vodka, has today (13 May) confirmed it has received an injunction seeking to prevent the transfer of its 10% stake in Beam Global to the Swedish Government.

Fortune Brands, who owns a 90% stake in Beam, filed the court papers on Monday in a US District Court in Manhattan.

The drinks giant wants to repurchase V&S's stake but has been unable to agree on a "fair market value" for the shares, according to the court papers.

When contact by just-drinks today, V&S declined to comment or speculate on the matter but confirmed they had received the injunction.

V&S intends to transfer its stake in Beam Global to the Government following its acquisition by France's Pernod Ricard for US$8.3bn, agreed in March.