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KMOX reported the story on September 16, of SABMiller being open to a potential buyout offer from AB InBev.

“We continued to drive strong growth in Africa and Latin America, applying our deep local expertise to markets with favourable long term structural growth dynamics”, SABMiller Chief Executive Alan Clark said.

“Particular highlights were our very strong lager volume growth in these regions, together with double digit net producer revenue growth in the second quarter in Africa”, Clark said.

AB InBev became the largest brewer in the world, surpassing SAB, when InBev acquired Anheuser-Busch of the U.S. for about $52bn in 2008.

Earlier this month, SABMiller said ABI had told it that it planned to make a proposal to acquire the company.

AB InBev confirmed an approach had been made about a possible bid but said there was “no certainty” of a deal.

Anheuser-Busch InBev SA (AB InBev) could table an initial $106 billion takeover offer for SABMiller as early as today, the Sunday Times yesterday reported.

“Downward rating pressure could result if a deal goes through due to higher leverage and certain integration risks, despite the enhanced scale and diversification of the businesses”, Moody’s said. Beijing-based CRE would be the likely buyer of AB InBev’s...

AB InBev can trace its origins to a merger between a pair of Brazilian brewers in 1999. No offer has yet been made.