SABMiller Plc is open to discussing a potential offer from larger rival Anheuser-Busch InBev NV as its options for consolidation narrow in a stagnant brewing industry, according to people with knowledge of the discussions.

AB InBev, whose market value is more than double that of SABMiller, said Wednesday it intends to make an offer for the company, which would unite the world’s two biggest beer makers with combined annual sales of about $81 billion. SABMiller’s management would consider an offer that provides good value for shareholders, the people said, asking not to be named as details aren’t public.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.