Scottish & Newcastle is reportedly planning to sell its French drinks distribution business Elidis.

The brewer, which is currently battling a takeover approach from Carlsberg and Heineken, is in final talks to sell the business to C10, an independent rival, for up to E200m (£140m) according to reports in The Times.

The deal could be announced as early as next week when the brewer is scheduled to update the City on trading, the report adds.