Deal snapshot: The First Bancshares Closes USD 116.7m Acquisition of Florida's Beach Bancorp.

MANews-(C)2009-2022

Mississippi, US-based bank holding company The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First Bank, has closed the acquisition of Florida, US-based Beach Bancorp, Inc, parent company of Beach Bank based in Fort Walton Beach, Florida, the company said.

The proposed transactions will deepen The First's presence in the Florida panhandle, while also providing an...

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