St. Louis ? Anheuser-Busch agreed to be acquired by Belgian brewer InBev for about $52 billion in a deal that would shift ownership of the nation’s largest brewer overseas, The Wall Street Journal reported Sunday.

The deal, which is subject to shareholders’ and regulators’ approval, would create the world’s largest brewer and create the fourth-largest consumer product company worldwide. The newspaper cited anonymous sources who said Anheuser-Busch-InBev would be the new company’s name and Anheuser would have two seats on the board.

Anheuser-Busch Cos. Inc. did not return messages seeking comment Sunday evening.

The newspaper said the deal was for $70 a share, a $5 increase over the offer Anheuser-Busch rejected in June.

InBev, the maker of Stella Artois and Becks, is the world’s second-largest beer-maker behind SABMiller. Anheuser-Busch is by far the largest brewer in the U.S. with more than 48 percent of the market.