SABMiller Makes Approach to Heineken, Gets Rebuffed

Dear Client:In a bid to ward off what many see as an inevitable bid from AB InBev, SABMiller has approached the family owners of Heineken NV about an offer, as first reported on Sunday by Bloomberg, citing people with knowledge of the situation. Such a combination would make SABMillerHeineken the largest brewer in the world by volume. The FT went one further, claiming that "interest was thwarted before discussions - even of an informal nature - could begin, with Heineken