Rabobank, Santander, Others Support Sainsbury Acquisition of Asda

Reuters reported UK supermarket Sainsbury’s closed £3.5 billion ($4.5 billion) in syndicated loans in order to facilitate an acquisition of Walmart’s Asda, which is valued at £7.3 billion ($9.7 billion).

SMBC Completes Merger with Southern Missouri Bancshares

Southern Missouri Bancorp, the parent corporation of Southern Bank, completed its merger with Southern Missouri Bancshares and its subsidiary, Southern Missouri Bank of Marshfield.