Analysis: Diageo could top Suntory's bid for Beam

|By:, SA News Editor

Liberum thinks a consortium led by Diageo (DEO -1.6%) will come in with a bid to top the $16B Suntory (STBFY) is willing to pony up for Beam (BEAM).

The interesting part of the equation for Diageo is that if it partners up it can end up only buying the strategic bourbon and tequila lines which would lead to significant synergies.