InBey, the Belgian brewer raised its offer in a bid to buy over Anheuser-Busch, the maker of Budweiser. If the deal goes through, they will create the world’s largest brewer, and put an end to hostile confrontations between the two companies. After weeks of negotiations, which began with InBey’s offer of $65 per share to Anheuser-Busch, the shares of both the beverage companies rose sharply when the two companies began friendly talks. Anheuser, agreed to the talks once InBey raised its offer to $70 a share in cash, taking the deal to about $ 50 billion.

Reuters Loan Pricing Corporation felt InBey’s confidence in the deal going through was reflected in the company syndicating $45 billion in bank loans that it would need to finance the deal. InBey already owns Stella Artois, Bass and Beck’s while Anheuser controls about 50 % of the beer market as well as big stakes in top Mexican and Chinese brewers. The two companies are expected to finalize negotiations over the weekend and there are hopes that a deal could be announced as early as early next week. If the deal goes through it would end the Busch family’s 148 years old control of Anheuser with the exception of 2000 to 2006, when Patrick T. Stokes, the company’s current chairman was chief executive.

Anheuser had gone through cost cutting efforts including a promise to reduce its work force by 15 % and faced pressure when several major shareholders were inclined to accept InBey’s offer.

Matthew R. Blunt, the governor of Missouri, said he was “strongly opposed” to an InBev takeover of Anheuser. He requested the Federal Trade Commission to review the offer.

“I am concerned that this sale would have destabilizing impacts on our nation and state’s long-term economic interests,” Mr. Blunt wrote in a letter to the regulator. “I am opposed to this buyout and am asking you to conduct this review as quickly as possible.”