ST. LOUIS, MO (KPLR)- Shares in SABMiller are rising by 3% in London as investors hope that the world's largest beer brewer -- Anheuser-Busch InBev -- is set to make a formal takeover offer for its competitor. If regulators allow a takeover of this size, it would be the biggest acquisition in the history of the beer industry, and one of the biggest in the world.
Anheuser Busch InBev could make the $106 billion dollar bid as soon as today.
Less than two weeks ago the world`s two largest breweries made it official they were in talks. If the deal goes through it would create one super-brewer, controlling about 30 percent of the beer market.
Iconic brands like Budweiser, Miller, Fosters, Stella Artois and many others under the same company worth about three hundred billion dollars.
The U.S. market has been flat for years with one chief exception: Craft breweries which are stealing domestic market shares of both SABMiller and AB InBev.