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One day after SABMiller PLC (ADR) (OTC: SBMRY) said it approached Dutch rival Heineken NV (OTC: HINKY) about a potential takeover, the real reason for its initial bid hit the wires. As expected, SABMiller is attempting to ward off a takeover plan by its chief rival Anheuser-Busch InBev (NYSE: BUD). According to the Wall Street Journal, Anheuser approached several banks about financing an acquisition that could potentially be worth $122 billion for SABMiller, which would make it the largest global beer company by far. Shares of SABMiller were up 8.5% yesterday. In addition, shares of Molson Coors Brewing Co. (NYSE: TAP) were up more than 5.5% on the deal's speculation. SABMiller's stake in its Molson Coors U.S. junior venture would likely be sold to appease antitrust concerns of U.S. regulators.