Anheuser-Busch InBev eyes SABMiller in potential mega takeover

Brussels

ANHEUSER-BUSCH InBev, the world's largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world's beer.

A merged group would have a market value of around US$275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's of Africa - both fast-growing markets - as well as their breweries in Asia.