Suntory Reportedly Mulling Beam Buy

Suntory Holdings Ltd., the closely held Japanese whiskey and beer maker, is exploring the possibility of making an offer for the U.S. distiller Beam Inc. (BEAM), according to an official of the Osaka-based company. Suntory has held talks with Diageo Plc about a potential joint offer, though the two aren’t currently in discussions and the Japanese company can make a bid by itself, said the person, who asked not to be identified because the talks were private. (Bloomberg)