Budweiser owner eyes deal for SABMiller
Peroni and Grolsch brewer SABMiller today said Budweiser maker Anheuser-Busch InBev was planning a takeover bid for the group.
SABMiller confirmed rival ABInBev had informed it that it was preparing to table an offer, ending months of speculation over a possible bid for the FTSE 100 listed firm.
Shares in SABMiller surged more than 20 per cent higher after the news.
However, the firm said: “No proposal has yet been received and the board of SABMiller has no further details about the terms of any such proposal.”