Budweiser planning takeover of Miller and Grolsch firm

Miller, Coors Light and Grolsch firm SABMiller said Budweiser maker Anheuser-Busch InBev was planning a takeover bid for the group.

SABMiller confirmed rival Anheuser-Busch had informed it that it was preparing to table an offer, ending months of speculation over a possible bid for the FTSE 100 listed firm.