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SABMiller Shares Surge on Report of AB InBev Takeover Talks

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SABMiller Plc, the world’s second-biggest brewer, advanced the most in almost three years in London trading after Brazilian news website IG reported that the beermaker is in talks to be bought by larger competitor Anheuser-Busch InBev NV.

The stock rose 7 percent, the steepest gain since Nov. 24,