Heineken is in negotiations with Japanese organisation Kirin to buy a Brazilian drink business.
The Dutch brewer confirmed it was in talks about “a intensity transaction in honour of Brasil Kirin”.
Japanese business paper Nikkei reported Heineken could compensate $870m (£705m) for a Brazilian brewer, a large bonus from a $4bn it was valued during in 2011.
It comes as Heineken closes in on a apart understanding for UK pub user Punch Taverns.
Heineken concluded final month to acquire about 2,000 Punch Taverns pubs in a £400m deal.
The tellurian drink attention has been jarred adult by a £79bn partnership of a world’s dual biggest brewers, AB InBev and SAB Miller.
Brazil is a third largest drink marketplace in a world, though has been strike by a nation going into recession.
In September, Kirin was reported to be to be articulate to a series of companies about probable partnerships for a struggling Brazilian drink business.
Kirin, that also owns Japanese drink Kirin Ichiban, pronounced on Friday it was “reviewing all options”.
Brasil Kirin, whose flagship drink is Schin, was a country’s second largest brewer when Kirin acquired it in 2011, though it has given incited loss-making and has mislaid marketplace share rapidly.
