European shares rise led by SABMiller, eyes on Fed decision
* FTSEurofirst 300 and Euro STOXX up over 1 pct
* InBev takeover approach sends SABMiller up 20 pct
* Fed begins two-day rate setting meeting on Wednesday
* Strong Richemont results lift luxury good stocks
By Danilo Masoni
MILAN, Sept 16 (Reuters) - European shares were higher for a second session on Wednesday, with M&A hopes sending SABMiller and InBev sharply higher, while investors remained cautious ahead of the Federal Reserve's interest rate decision.
The pan-European FTSEurofirst 300 index rose 1.26 percent while the euro zone's blue-chip Euro STOXX 50 index was up 1.06 percent.
SABMiller rose more than 20 percent to a six-month high after the brewing company said rival InBev intended to make an acquisition proposal in a deal that would create a brewing colossus.
InBev, the world's largest brewer, said there was no certainty the approach would result in an offer or an agreement with the No. 2 player. InBev shares rose more than 7 percent. Continuación...