The prospect of a tie-up between the world’s two largest brewers is looming after Anheuser-Busch InBev said it had made a takeover move for SABMiller.

The combined value of the two firms is likely to be at least $230bn (£150bn) based on Tuesday’s share price.

AB InBev’s brands include Budweiser, Stella Artois and Corona, while SABMiller owns Peroni and Grolsch.

If the deal is successful, the merged company would produce one third of the world’s beer.

Source: Beer giants AB InBev and SABMiller in merger talks – BBC News

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