(Changes sourcing, recasts lede)
By Greg Roumeliotis
Nov 21 (Reuters) – Energy drinks maker Monster Beverage Corp is discussing a merger with international beverage alcohol company Constellation Brands Inc, a source familiar with the matter told Reuters on Sunday.
The structure of the deal was not immediately known.
Bloomberg News, which first reported https://bloom.bg/3cCxTCG the story on Sunday, said Monster Beverage has discussed a potential deal with advisers, citing people who requested not to be identified.
It was unclear if discussions will lead to a full merger or asset deal, the Bloomberg News report added.
Monster Beverage did not immediately respond to a Reuters request for comment. Constellation Brands told Reuters it does not respond to rumors or speculation.
As of Friday, the market capitalization of Monster Beverage was $47.3 billion while the market capitalization of Constellation Brands was $44.2 billion. (Reporting by Anirudh Saligrama and Juby Babu in Bengaluru and Greg Roumeliotis in New York; Editing by Richard Pullin and Jacqueline Wong)
