16th September 2015
The world’s two largest brewers are considering a merger, sending share prices soaring.
Anheuser-Busch InBev today revealed that it had made a takeover bid for SABMiller.
The combined value of the two firms is likely to be at least $230bn (£150bn) based on Tuesday’s share price, the BBC reports.
AB InBev’s brands include Budweiser, Stella Artois and Corona, while SABMiller owns Peroni and Grolsch.
If the deal goes ahead, the merged company would produce one third of the world’s beer.
Global market share of five biggest beer companies:
Anheuser-Busch InBev – 20.8%
SABMiller – 9.7%
Heineken – 9.1%
Carlsberg – 6.1%
China Resources Enterprise – 6%
Source: Euromonitor, based on 2014 figures