Belgian brewer InBev confirmed Monday that it will buy its U.S. rival Anheuser-Busch for $52 billion to create the world's largest brewer.
The acquisition means control over America's largest brewer — the No. 2 worldwide and brewer of Budweiser — moves overseas. Based in St. Louis, Mo., Anheuser-Busch has more than 48 percent of the American market share with brands that include Bud Light.
InBev is the world's second largest beer maker, with brands that include Stella Artois and Becks. InBev's first bid for Anheuser-Busch came on June 11.
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