InBev Mulls Bid for Rival Anheuser

Anheuser-Busch Cos. faces a potential assault from beer giant InBev NV and activist investors that threatens to place the 150-year-old American icon in foreign hands.

Leuven, Belgium-based InBev is weighing an unsolicited takeover of the Budweiser maker, people familiar with the brewer's planning said on Friday. Anheuser-Busch shares jumped 7.66%, to $56.61 on the news, giving the company a market value of $40.4 billion. Trading volume totaled 11 times the daily average.

InBev has yet to make a final decision on whether to pursue an unsolicited offer, an approach that would be fraught with complications, the people said. But now ...