InBev tables Budweiser approach

Budweiser brewer Anheuser-Busch was today mulling a US$47bn (€30.4bn) approach from Stella Artois maker InBev to create the world’s biggest beer company.

Belgium-based InBev’s proposed acquisition – put forward late last night - would see the new company leapfrog current number one, Peroni brewer SABMiller, to form one of the world’s five biggest consumer firms.