News broke Wednesday of a possible merger between the world’s biggest brewer, Anheuser-Busch InBev, and the second largest, SABMiller. It wouldn’t just be a big shake-up in the beer industry — the merger would place as one of the top 10 biggest deals of all time.

The theoretical beer conglomerate, potentially worth $250 billion, would enter a market where small, independent craft breweries are eating into the sales of mainstream brews. 

Spiros Malandrakis, senior alcoholic drinks analyst at Euromonitor International, joined us to talk about what’s in it for these two companies should a merger take place.

Click the media player above to hear more.