Pernod Ricard is considering making an offer for the Champagne business of Taittinger, according to press reports.

According to a report in the Financial Times today (21 July), Pernod is thought to be interested in Taittinger's Champagne business only and not its hotel holdings. The French drinks company may collaborate with a private equity group in the deal, the report added.

Les Echos, meanwhile, said today that the Taittinger family is currently favouring offers from investment group, Starwood Capital, and a rival consortium of Wendel Investissement and the Carlyle Group. Offers from some six bidders are thought to have been initially received for the company.