SABMiller's rejected bid for smaller brewer Heineken has revived talk about deals that could reshape the global beer industry in coming months.Dutch company Heineken said at the weekend that it had been approached by SABMiller about a takeover, but that it had rebuffed the approach because its controlling shareholder intended to keep it independent.The move by SABMiller, the world's No.2 brewer by market value, is seen by many analysts as either an attempt to fend off a long-rumoured takeover bid from market leader Anheuser-Busch InBev - by making itself too big to swallow - or to force its larger rival to show its hand."We believe SABMiller could now be considered to be 'in play' and view AB InBev as a potential acquirer," said Numis analyst Wyn Ellis.
Anheuser-Busch InBev SA, formerly Anheuser-Busch InBev SA/NV, is a brewing company. Shares of BUD traded higher by 3.15% or $3.5/share to $114.45. In the past year, the shares have traded as low as $93.72 and as high as $116.65. On average, 992256 shares of BUD exchange hands on a given day and today's volume is recorded at 3689478.
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