A possible buyer has come forward for the Liverpool brewery Cains, which went into administration earlier this month.
The 158-year-old brewery makes a range of 11 ales and lagers and runs more than 100 pubs nationwide.
The offer has come from Glasgow-based Marketing Management Services International (MMSI), who are keen for the brewery to stay in Liverpool.
But Cains has said there are other interested parties and a final deal has not yet been made.
The firm was suffering cash flow difficulties, citing rising costs, the impact of the smoking ban and a disputed tax bill as major problems.
Cains has won a number of awards for its ales, most recently the World's Best Fruit Beer in the World Beer Awards 2007.
It also makes the official beer of the 2008 Liverpool European Capital of Culture.
Established in 1850, it was bought by Sudarghara and Ajmail Dusanj in 2002.