LONDON: Anheuser-Busch InBev, the maker of Budweiser and Corona, said on Wednesday it has approached rival SABMiller Plc for a potential takeover that would combine the world’s two biggest brewers.

While both companies said there has been no specific offer, stock in SABMiller, whose brands include Miller Genuine Draft and Peroni, rocketed 22 per cent higher on the news. Shares of AB InBev rose seven per cent.