Benzinga's M&A Chatter for Tuesday October 13, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday October 13, 2015:

:

The Boards of AB InBev

and SABMiller

announced Tuesday, that they have reached agreement in principle on the key terms of a possible recommended offer to be made by AB InBev for SABMiller of £44.00 per share in cash, with a partial share alternative, consisting of 0.483969 unlisted shares and £3.7788 in cash for each SABMiller share. The tentative deal, which came after rejection of several previous offers, is subject to multiple closing and financing conditions. Anheuser-Busch closed at $113.83 on Tuesday, a gain of 2%.

:

FX Energy, Inc.

announced Tuesday, that ORLEN Upstream Sp. z o.o. will acquire all the outstanding shares of common stock of FX Energy for $1.15 per share in cash. The transaction is expected to be completed in Q4 of 2015. FX Energy closed at $1.14 Tuesday, up 6.5%.

:

SanDisk Corp.

has hired a bank to assist in a potential sale of the company, following expressions of interest from Micron Technology Inc.

and Western Digital Corp.

, according to sources as reported by

on Tuesday. China's Tsinghua Group has recently invested $3.8 billion in Western Digital and has been in talks in an attempt to acquire Micron. SanDisk closed at $61.77 Tuesday, and traded as high as $72.49 after-hours.