LONDON — Anheuser-Busch InBev is on the verge of truly becoming the King of Beers.

The company, brewer of Budweiser and Stella Artois, among other brands, said on Tuesday that it had reached an agreement in principle to acquire its brewing rival SABMiller for about $104 billion.

A merger, if completed, would combine the world’s two largest brewers, creating a behemoth that has annual revenue of about $64 billion and that commands 30 percent of global beer sales.

“The board of SABMiller has indicated to AB InBev that it would be prepared unanimously to recommend the all-cash offer,” subject to an agreement on the other terms and conditions, the companies said in a news release on Tuesday.


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It was worth the gamble

Mod please move to appropriate section