Anheuser-Busch InBev, the world’s largest brewer, intends to sell the Eastern European brewing assets of SABMiller to secure regulatory approval for its $100 billion (€88.2bn) takeover of its rival.

Budweiser brewer Anheuser-Busch InBev has agreed a €2.55bn deal to sell European lager brands Peroni and Grolsch as it moves a step closer to sealing its takeover of SABMiller.

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.

Four generations and 150 years on from the founding father of Heineken, the Dutch brewing family shows no signs of wanting to relinquish control.

Heineken has rebuffed a takeover approach from SABMiller.

London’s leading shares index fell into the red today after a report from the International Monetary Fund (IMF) warned that time was running out to tackle threats to the economic recovery.

Melbourne/London: SAB Miller said it would keep talking to Foster’s Group after Australia’s largest brewer rejected the global giant’s A$9.5 billion (€6.9bn) cash takeover offer as too low.

London’s blue chip share index struggled amid further volatile trading today as markets failed to shrug off eurozone concerns.

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.

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

Brewer SABMiller is to snap up Dutch beer firm Grolsch in a deal announced today worth €816m.

Brewer SABMiller today said soaring demand for its Polish beer brands in the UK had contributed to a 14% hike in half-year earnings.

Brewer SABMiller today said half-year lager sales volumes rose by 12% across the UK and Europe but cautioned revenue growth would be “partially” offset by higher costs.

Shares in Scottish & Newcastle surged today after a report said rival firms Diageo and SABMiller had been considering a £9bn (€13.3bn) takeover.

The London market continued to slide today as the FTSE 100 Index sank back towards the 6000 mark amid heavy profit taking by investors.

Weaker retail stocks and a slide for oil company BP prevented the FTSE 100 Index from rounding off a strong week in positive territory today.

The low carb Atkins diet is producing a turnaround for the Miller Lite beer brand which has helped owner SAB to report a 60% jump in first half profits.