(Reuters) - Regional lender SouthState Corp will buy peer Independent Bank in an all-stock deal valued at about $2 billion, the companies said on Monday.
As part of the deal, Independent Bank shareholders will receive 0.60 shares of SouthState common stock. The deal values Independent Bank at $48.51 per share, which represents a 10.4% premium to the stock's last close.
Shares of Independent Bank were up 3% in light premarket trading... (continue reading...)
By Nidal al-Mughrabi and Dan Williams
CAIRO/JERUSALEM (Reuters) - Israel made a new push in central Gaza on Monday, bombarded towns in the north of the Strip and said it intended to broaden its military operation in Rafah despite U.S. warnings of the risk of mass casualties in the southern city.
Gaza medics said at least 23 people had been killed in the latest fighting, and residents said battles were intense in Jabalia in the north of... (continue reading...)
(Reuters) -The U.S. Food and Drug Administration has allowed billionaire Elon Musk's Neuralink to implant its brain chip in a second person after the company offered fixes to a problem that occurred in the first patient, the Wall Street Journal reported on Monday.
Reuters reported last week, citing people familiar with the matter, that the issue disclosed by Neuralink where tiny wires inside the brain of its first patient had pulled out of position is an... (continue reading...)
By David Milliken and Andy Bruce
LONDON (Reuters) - The Bank of England could cut interest rates in the next few months, depending on how rapidly the knock-on impact on wage growth and prices from 2022's surge in inflation eases, Deputy Governor Ben Broadbent said on Monday.
Speaking ahead of his final vote in June as a member of the Monetary Policy Committee, Broadbent cited survey evidence from companies that showed a major driver of... (continue reading...)
AMSTERDAM (Reuters) - The office of the prosecutor of the International Criminal Court on Monday said it was seeking arrest warrants against three leading Hamas militants for their alleged roles in the Oct. 7 attacks in Israel, for war crimes and crimes against humanity.
(This story has been refiled to fix the spelling of Hamas in the headline)
(Reporting by Anthony Deutsch, Editing by Charlotte Van Campenhout)
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