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JAPAN: Asahi confirms purchase of Orion stake

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Japan's leading beer producer, Asahi Breweries Ltd, has confirmed that it is to buy a 10% stake in the Orion Beer Co., a brewer based in the southern region of Okinawa, for Y2.1 billion. The deal will go through later this month and will make Asahi Breweries the largest individual shareholder in Orion.


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