Anheuser-Busch InBev has raised its bid for British brewer SABMiller to $104bn (£68bn). The deal would create a brewing giant producing a third of the world’s beer.

It would be the biggest ever takeover of a UK company of the offer pushes through.

AB InBev £42.15 a share in cash for the British brewer, which owns Grolsch, Peroni and Coors.

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