Carlyle-Backed Orion Breweries Said to Plan Tokyo IPO Next Month

Japanese beer maker Orion Breweries Ltd. is planning its listing in Tokyo as early as next month, according to people familiar with the matter, six years after Carlyle Group Inc. and Nomura Holdings Inc. bought the company.

The brewery has hired Nomura’s securities unit, SMBC Nikko Securities Inc. and Mizuho Financial Group Inc. as underwriters to its initial public offering, the people said, who declined to be named discussing private information. Orion, based in Japan’s southern islands of Okinawa, plans to unveil details such as listing date and offering size as soon as next week, they said.

Discussions are ongoing ...