Update: CNBC reporter David Faber is reporting that his sources at AB InBev say that rumors the company is seeking finance in preparation to acquire SABMiller are false.
The rumors had swirled this week that Anheuser-Busch InBev, the brewer of Budweiser beer was seeking financing for a possible deal to purchase rival beer-maker SABMiller, reports the Wall Street Journal. If it were to happen, the deal would combine the two largest beer producers in the world.
From the Wall Street Journal:
The talks about financing come on the heels of an approach by SABMiller to buy Dutch brewer Heineken NV, which Heineken said Sunday it had rejected. The U.K. brewer hasn’t been discouraged by Heineken’s initial rejection and would consider another bid, according to another person familiar with the discussions.