Renasant，The First获得拟议合并的所有必要监管批准

2025-03-17 19:25

Renasant (NYSE:RNST) and The First Bancshares (NYSE:FBMS) have received all necessary regulatory approvals to complete their proposed merger.
The parties expect to close the merger on April 1, 2025, subject to the satisfaction of other customary closing conditions.
The combination will result in a financial services institution with around $26B in assets and more than 250 locations throughout the Southeast, as well as offering factoring and asset-based lending on a nationwide basis.
In July 2024, Renasant (NYSE:RNST) and The First Bancshares (NYSE:FBMS) entered a deal, pursuant to which The First agreed to merge with and into Renasant in an all-stock transaction valued at about $1.2B.
Source: Press Release

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