Guinness owner Diageo could sell its beer business for more than £7 billion ($11 billion), analysts have estimated, amid mounting speculation about the next major deal to shake-up the brewery industry. Anheuser-Busch InBev, the beer giant behind Stella Artois and Budweiser, kicked off the latest round of brewery consolidation with its £68bn takeover of Peroni and Foster’s owner SABMiller.

The acquisition is expected to trigger a series of deals to satisfy regulators, with SAB’s stake in its MillerCoors U.S. joint venture, worth about $10bn, and its interest in Snow, the Chinese lager that is the world’s biggest-selling beer, both likely to be sold. 

Read More at Source | Beverage World  | The Telegraph UK