One company controlling nearly a third of the global beer market? The "beerhemoth" could be coming soon.
Anheuser-Busch InBev, the colossus of suds and the world's biggest brewing company, is seeking financing from banks to potentially buy SABMiller in a deal that could be worth $122 billion, the Wall Street Journal reported.
InBev currently controls almost 20 percent of the global beer market, the Journal noted; SABMiller is No. 2 with 9.6 percent of the world's beer market.
InBev's beer portfolio includes giant brands such as Corona and Budweiser as well as more niche beers including Hoegaarden, Becks and a host of regional brews around the world.
SABMiller owns such brands as Blue Moon, Peroni and, of course, Miller.
Rumors of InBev's move on SABMiller come one day after SABMiller's move to buy the No. 3 global brewer, Heineken, was rejected.
This story has been updated.
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