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Business deals

Okinawa's most popular beer taps military ties to US

Orion's potential for overseas growth draws bet from Nomura and Carlyle

Orion films a commercial at a New York City bar. The Okinawa brewer has built up a following in the U.S., thanks in part to returning military personnel.
Orion films a commercial at a New York City bar. The Okinawa brewer has built up a following in the U.S., thanks in part to returning military personnel.

TOKYO -- Orion Breweries' prospects for winning over more drinkers in U.S. and Asian markets, helped by its brand recognition among American military personnel and tourists, put the unlisted Japanese beer on the radar for a takeover offer by Nomura Holdings and Carlyle Group.

The Japanese investment bank and the U.S. private equity firm seek to acquire Japan's fifth-largest beer brewer in a deal expected to be worth several hundred million dollars, Nikkei Business reported on Friday.

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