State Tipoffs Involving Illinois Newsletter for Friday January 31, 2025 ( 18 items ) |
$67.15M sale and $42.68M financing secured for luxury multi-housing community in Southern Indiana
CHICAGO, Illinois, Jan. 30 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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$67.15M sale and $42.68M financing secured for luxury multi-housing community in Southern Indiana
CHICAGO, Jan. 30, 2025 - JLL Capital Markets announced today that it has secured the $67.15 million sale and $42.68 million acquisition financing for Lakeside Gardens, a 360-home luxury apartment community in Jeffersonville, Indiana
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ATTORNEY GENERAL RAOUL OBTAINS 15-YEAR PRISON SENTENCE FOR MCDONOUGH COUNTY MAN WHO POSSESSED CHILD SEXUAL ABUSE MATERIAL
CHICAGO, Illinois, Jan. 30 -- Illinois Attorney General Kwame Raoul issued the following news release:
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ATTORNEY GENERAL RAOUL OBTAINS 15-YEAR PRISON SENTENCE FOR MCDONOUGH COUNTY MAN WHO POSSESSED CHILD SEXUAL ABUSE MATERIAL
Chicago - Attorney General Kwame Raoul announced a Macomb, Illinois man prosecuted by his office was sentenced to 15 years in prison for possessing child sexual abuse material.
Christopher A. Fugate, 39, was sentenced by McDonough County Circuit Court Judge Nigel
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Bridie Barrett Joins Brunswick's Investor Engagement Team
CHICAGO, Illinois, Jan. 31 -- Brunswick Group, an advisory firm, issued the following news release:
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Bridie Barrett joins Brunswick's Investor Engagement team
30 January 2025 - Brunswick Group, the world's leading critical issues advisory firm, announces that Bridie Barrett joined the firm this week as a Partner based in London. Bridie will support the development of the firm's Investor Engagement offer in the UK and Europe, working closely with our investor engagement experts around the
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Cat Financial Announces 2024 Year-End Results
PEORIA, Illinois, Jan. 31 -- Caterpillar, a manufacturer of construction and mining equipment, issued the following news release:
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Cat Financial Announces 2024 Year-End Results
Full-Year 2024 vs. Full-Year 2023
Cat Financial reported revenues of $3.49 billion for 2024, an increase of $241 million, or 7%, compared with $3.25 billion for 2023. The increase in revenues was primarily due to favorable impacts from higher average financing rates of $153 million and higher average earning asse
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Crowe Propels Business Transformation With OpenAI
CHICAGO, Illinois, Jan. 31 -- Crowe, a public accounting, consulting and technology firm, issued the following news release:
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Crowe Propels Business Transformation with OpenAI
Crowe accelerates the firm's adoption of AI to power the development of AI solutions for clients, spurring innovation and unlocking business potential
CHICAGO (Jan 30, 2025) - Crowe LLP, a leading public accounting and consulting firm, today announced its expanded use of OpenAI's ChatGPT Enterprise and its applica
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Global Toy Sales Stabilize in 2024: Collectibles, Fan Favorites, and Smart Spending Shape the Market
CHICAGO, Illinois, Jan. 31 -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release:
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Global Toy Sales Stabilize in 2024: Collectibles, Fan Favorites, and Smart Spending Shape the Market
Birth rate slump is no match for "kidult" buyers
PARIS, January 30, 2025 - Circana, a leading advisor on the complexity of consumer behavior, today announced the 2024 toy sales performance results across 12 global markets (G12), in
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IDPH Awards $4.5 Million in Grants to Support Governor Pritzker's Birth Equity Efforts Across Illinois
SPRINGFIELD, Illinois, Jan. 30 -- The Illinois Department of Public Health issued the following news on Jan. 29, 2025:
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IDPH Awards $4.5 Million in Grants to Support Governor Pritzker's Birth Equity Efforts Across Illinois
State Announces Grants to 12 Groups that Provide Innovative, Equity-Focused Maternal Care for Pregnant Illinoisans
CHICAGO - The Illinois Department of Public Health (IDPH) announced it has awarded $4.5 million to 12 groups across the state funded through Governor JB
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Ill. Gov. Pritzker Announces $31 Million in Regional Site Readiness Program Grant Awards
SPRINGFIELD, Illinois, Jan. 30 -- Gov. JB Pritzker, D-Illinois, issued the following news release on Jan. 29, 2025:
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Funding helps prepare large sites for industrial development
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Governor JB Pritzker joined the Illinois Department of Commerce and Economic Opportunity (DCEO) and local leaders to announce Regional Site Readiness Program awards totaling $31 million to support site readiness activities at 24 sites across the state. The program includes two competitive funding opportuni
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Illinois Department of Public Health Awards $4.5 Million in Grants to Support Gov. Pritzker's Birth Equity Efforts Across Illinois
CHICAGO, Illinois, Jan. 30 -- Gov. JB Pritzker, D-Illinois, issued the following news release on Jan. 29, 2025:
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State Announces Grants to 12 Groups that Provide Innovative, Equity-Focused Maternal Care for Pregnant Illinoisans
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The Illinois Department of Public Health (IDPH) announced it has awarded $4.5 million to 12 groups across the state funded through Governor JB Pritzker's 2024 Birth Equity Initiative. The grants, ranging from $100,000 to $700,000, were awarded through a com
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ILLINOIS SUPREME COURT APPOINTS KIMBERLY PRZEKOTA AS JUDGE IN ELEVENTH SUBCIRCUIT OF COOK COUNTY
SPRINGFIELD, Illinois, Jan. 30 -- The Illinois Supreme Court issued the following news release:
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ILLINOIS SUPREME COURT APPOINTS KIMBERLY PRZEKOTA AS JUDGE IN ELEVENTH SUBCIRCUIT OF COOK COUNTY
Chief Justice Mary Jane Theis and the Illinois Supreme Court have announced the appointment of Kimberly Przekota as a judge in the Eleventh Subcircuit of the Cook County Circuit Court.
"Ms. Przekota received rave reviews from the judicial screening committee during the application process," Chief
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Kirkland Advises Bain Capital on Strategic Investment in Frontline Road Safety
CHICAGO, Illinois, Jan. 31 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis counseled Bain Capital Private Equity on its definitive agreement to acquire Frontline Road Safety, the largest provider of pavement marking services in the U.S., from the Sterling Group.
The investment is being made by Bain Capital's Private Equity team, which has a long history of investments in industrial businesses and is one of the most active investors in the sector in the U.
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Kirkland Advises Blue Sage Capital on Oversubscribed and Over Hard Cap Fund IV
CHICAGO, Illinois, Jan. 31 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised Blue Sage Capital, a leading lower-middle market private equity firm, on the final close of Blue Sage Capital IV, L.P., at $618 million including a substantial commitment from the General Partner. The fund was significantly oversubscribed, closing above its initial target of $400 million, initial hard cap of $550 million and more than double its $300 million prior fund size.
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Kirkland Advises Diamondback Energy on $4.45 Billion Drop Down Transaction
CHICAGO, Illinois, Jan. 31 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised Diamondback Energy, Inc. (NASDAQ: FANG) on a definitive purchase agreement with Viper Energy, Inc., a subsidiary of Diamondback, to sell certain mineral and royalty interests from subsidiaries of Diamondback for $1 billion in cash and 69.6 million units of Viper's operating subsidiary in a drop down transaction.
Based on the volume weighted average sales price of Viper's co
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Kirkland Advises Germfree on Acquisition of Arcoplast
CHICAGO, Illinois, Jan. 31 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised Germfree Laboratories on the acquisition of Arcoplast, the maker of the leading seamless primary barrier cleanroom wall and ceiling system for Life Science applications and more.
The acquisition will allow Germfree to offer comprehensive facility solutions from the ground up and follows 17 years of collaboration between the companies, during which Arcoplast has supplied arc
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McDermott Will & Emery Advises RailCube on the Acquisition of Spark TS
CHICAGO, Illinois, Jan. 31 -- McDermott Will and Emery, a law firm, issued the following news release:
McDermott Will & Emery has advised RailCube, a global rail freight software provider backed by Main Capital Partners, on its acquisition of US-based software provider Spark TS.
RailCube is expanding its presence in the North American railroad market by joining forces with Spark TS. The acquisition marks RailCube's first add-on acquisition since the start of its strategic partnership with Main
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McDermott Will & Emery Represents VB Spine in Its Acquisition of the Spine Surgery Division of Stryker
CHICAGO, Illinois, Jan. 31 -- McDermott Will and Emery, a law firm, issued the following news release:
McDermott Will & Emery represented VB Spine, LLC, a newly formed company from Viscogliosi Brothers, LLC, a family-owned investment firm specializing in the neuro-musculoskeletal space, in its acquisition of the US spinal implants business division of Stryker, a global leader in medical technologies.
The definitive agreement also includes VB Spine's anticipated acquisition of Stryker's spinal
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Second round of Ryan Family Research Acceleration Fund awards more than $2 million to Northwestern scientists
EVANSTON, Illinois, Jan. 30 -- Northwestern University issued the following news release:
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Second round of Ryan Family Research Acceleration Fund awards more than $2 million to Northwestern scientists
* Link to: Northwestern Now Story
EVANSTON, Ill. --- The Ryan Family Research Acceleration Fund, a $35 million initiative of Northwestern University and the Ryan Family Foundation, is accelerating life sciences research with immediate societal impact. Over two rounds of funding, the init
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Walgreens Boots Alliance Suspends Quarterly Dividend as Company Continues Disciplined Execution Against Strategic Priorities
DEERFIELD, Illinois, Jan. 31 -- Walgreens Boots Alliance, a pharmacy-led, health and wellbeing enterprise company, issued the following news release:
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Walgreens Boots Alliance Suspends Quarterly Dividend as Company Continues Disciplined Execution Against Strategic Priorities
DEERFIELD, Ill.--JAN. 30, 2025-- Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors is suspending the company's cash dividend historically paid to stockholders on a quarterly bas
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