Oaktree Capital Management will this month begin an auction of Stock Spirits, a $1 billion-plus central European drinks company, two people familiar with the matter said. The sale of Stock Spirits, whose drinks range from high-end Polish vodka Czysta de Luxe to Czech plum brandy, could interest both private equity firms and rival drinks companies. Oaktree, the Los Angeles-based investor, has not definitively decided to sell Stock Spirits, and is also considering an initial public offering (IPO) of the company, the people added.
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