Off licence chains Threshers and Oddbins have reportedly held talks about a possible merger.

Private equity firm Vision Capital, which owns Threshers, approached Oddbins' French owner Castel Freres to discuss the possible tie-up, according to reports in the Sunday Telegraph.

Secret meetings between the two parties have been held to discuss a possible merger, as well as other matters of collaboration such as operations and corporate social responsibility, the report adds.