Anheuser-Busch InBev, the beermaker in talks to buy SABMiller for $107bn (€101bn), may sell the Peroni and Grolsch brands as it works to gain regulatory clearance to combine the world’s biggest brewers, people familiar with the matter said.

Beer giant SABMiller turned up the heat in its takeover battle with rival Anheuser-Busch InBev as it said a sweetened bid from the Budweiser brewer "substantially undervalues" the business.

Anheuser-Busch has approached rival SABMiller about a takeover that would form a brewing colossus which makes around a third of the beer consumed globally.

Brewing giant, SABMiller is buying Britain’s Meantime Brewing Company, snapping up one of the pioneers of craft brewing to give the owner of big brands such as Peroni and Grolsch exposure to a fast-growing part of the drinks market.

Brewer SABMiller is set for a tough battle to turn around its Australian Foster’s acquisition as its beer volumes sink and it loses key import contracts.

An Australia court has approved brewing giant SABMiller’s $10.1bn takeover bid for Foster’s.

Foster's shareholders have approved brewing giant SABMiller's US$10.1bn (€7.5bn) takeover bid for the Australian company.

London-based SABMiller’s $10.1bn takeover of brewer Foster’s Group creates an opportunity for Australian beers to gain greater global acceptance, Foster’s chief executive John Pollaers said today.

BREWING giant SABMiller agreed to buy Foster’s Group for a sweetened price of A$9.9 billion (€7.48bn) yesterday after talks between the two last week ended in a couple of beers which sealed the deal this week.

Brewing giant SABMiller today confirmed it will open its new £3m research brewery in Nottingham next month as it tries to reduce the amount of water required to make a pint of beer.

January Jones likes to drink beer and watch sports on TV on her time off.

The FTSE 100 Index bounded more than 2% ahead today as better-than-expected first quarter figures from US giant JP Morgan Chase gave banks a further boost.

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.

Weaker oil and energy stocks after falling crude prices saw the FTSE 100 Index end a volatile session in the red today.

Shares in UK housebuilders took a fresh hit today after traders reported the sale of seven million shares in leading firm Barratt Developments.

Bid speculation sent brewer SABMiller surging today amid investor hopes of an approach from Stella Artois maker InBev.

A profits warning from Currys owner DSG International weighed on retailers today and pushed blue-chip stocks into negative territory.

Brewing group Scottish & Newcastle led London shares higher today after European rivals Heineken and Carlsberg confirmed long-running speculation over their interest in the firm.

Scottish & Newcastle shares jumped 20% today after rivals Carlsberg and Heineken admitted their interest in a joint takeover bid.

Brewing giant SABMiller today posted an 18% rise in pre-tax profits but warned a fierce price war in the United States continued to water down demand for Miller lager.

Last year was a record year for Beamish and Crawford, company managing director Alf Smiddy said today.

SABMiller unveiled a takeover deal worth $7.8bn (£4.48bn/€6.5bn) today to cement its position as the world’s second-largest brewer.

Brewing giant SABMiller today reported earnings growth in all its businesses as the thirst of drinkers for low-carbohydrate beer showed no sign of easing.