--Drinks company Diageo is planning to sell-off a portfolio of U.S.-focused spirits brands for a likely price of between $500 million and $1 billion, reports Sky News, citing unnamed sources.

--The brands for sale include cinnamon schnapps Goldschlager, Myers's Rum, vodka brand Popov and sambuca Romana, with Diageo hoping to sell the portfolio in a single deal, says Sky.

Full story: https://bit.ly/2x41UJI

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(END) Dow Jones Newswires

May 24, 2018 07:46 ET (11:46 GMT)

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