On Sunday, Dutch brewer Heineken reported that London-based SABMiller had proposed a deal to the company about a possible acquisition. According to reports, SABMiller made an offer to defend itself against a possible offer from its rival Anheuser-Busch (BUD).

Following the proposal, Heineken rejected the offer after discussing the deal with its majority shareholder.

On Monday morning, reports were released that Anheuser-Busch is now in talks with banks regarding financing for a possible deal to acquire SABMiller for an expected $122 billion.

Although reports were released about financing, there is not yet confirmation that Anheuser-Busch has approached SABMiller regarding a deal.

Shares of Anheuser Busch (BUD) jumped on Monday morning after the news. Shares of Altria (MO) were also up, as the company currently holds a 30% stake in SAPMiller.

Although this deal is not yet confirmed, it is important for mutual fund investors that own funds with exposure to either BUD or MO to pay attention to possible deals that could effect the price of the funds.