InBev has stayed silent on reports linking it with a successful bid for sought-after Chinese brewer Fujian Sedrin.

InBev, the world's largest brewer by volume and the third-largest in China, is reported to have outbid rivals Heineken and Anheuser-Busch for Fujian Sedrin. The Belgian brewing giant was said to have tabled an offer of US$750m, according to a report in today's (9 December) edition of The New York Times.

However, when contacted by just-drinks today, an InBev spokesperson declined to comment on the report. In the last two months, speculation has mounted that InBev, Heineken and Anheuser-Busch were all eyeing Fujian Sedrin, China's eighth-largest brewer. A Heineken spokesperson also refused to comment.

InBev's reputed US$750m offer would exceed the price Anheuser-Busch paid last year for Chinese brewer Harbin. Anheuser-Busch paid US$720m after winning a long-running battle with rival brewing giant SABMiller, a price that analysts at the time perceived as expensive.

The world's brewing giants have all looked to strengthen their presence in China, the World's largest beer market by volume, as sales stagnate in the flat beer markets of the West.