Carlyle, Nomura said to jointly bid for Orion Breweries

Carlyle Group LP and Nomura Holdings Inc. are considering a joint bid for Orion Breweries Ltd., a person with knowledge of the matter said.

Carlyle, the U.S. private equity firm, and Nomura would focus on expanding Orion’s distribution network if they complete a deal, said the person, asking not to be identified. For Nomura, it would be the first transaction under a 100 billion yen ($913 million) merchant banking fund set up with its own capital a year ago, according to the person.

Nikkei Business reported earlier Friday that Asahi Group Holdings Ltd., which holds 10 percent of Orion, would remain a shareholder, while other owners including the company’s founders would be bought out. Carlyle and Nomura said in statements that they weren’t the source of the report.

Orion is always considering ways to increase the value of its business and nothing has been decided at this point, Hiroshi Kameda, a director, said by phone. A representative for Asahi declined to comment.

Orion, Japan’s fifth-largest beer maker, has a distribution arrangement with Asahi to sell its products in the country’s main islands.

Bloomberg

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Following vacancies can be applied for (only in Singapore).   

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.