By Benjamin Horney (October 6, 2015, 5:53 PM EDT) -- SABMiller PLC has rejected Anheuser-Busch InBev's more than $100 billion takeover offer, Reuters reported on Tuesday. According to the report, SABMiller believes the price tag is too low, and discussions are currently ongoing as the two sides try to work out a potential deal. SABMiller could be seeking a bid of up to $110 billion, the report noted. Anheuser-Busch confirmed it was eyeing SABMiller last month, and recent reports have pegged Banco Santander, BofA Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Deutsche Bank, ING, JP Morgan, Mizuho Bank, Royal Bank of Scotland, Societe Generale and SMBC as banks that are working with the brewing behemoth....