Bud brewer raises bid to $108.2B

Budweiser brewer Anheuser-Busch InBev raised its takeover bid for SABMiller to US$108.2 billion Monday in its latest effort to win backing for its plan to create “the first truly global beer company.” AB InBev has been trying for nearly a month to get its hands on SABMiller but its previous offers have met with resistance. SABMiller declined to comment on the fresh offer.