Anheuser-Busch InBev, the brewer of Budweiser beer is rumored to be seeking financing for a possible deal to purchase rival beer-maker SABMiller, reports the Wall Street Journal. If the deal succeeds, it would combine the two largest beer producers in the world.
The Wall Street Journal reports that its source, "a person familiar with the matter," says formal talks between the companies haven't yet begun, as AB InBev wants to secure funding from banks before making an offer.
From the Wall Street Journal:
The talks about financing come on the heels of an approach by SABMiller to buy Dutch brewer Heineken NV, which Heineken said Sunday it had rejected. The U.K. brewer hasn't been discouraged by Heineken's initial rejection and would consider another bid, according to another person familiar with the discussions.