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 says ABInBev is eyeing a bid
SABMiller says ABInBev is eyeing a bid

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.

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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.”