CHICAGO, Illinois, Aug. 21 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis counseled the seller of natural gas properties in eastern Texas on a purchase and sale agreement with Diversified Energy Co. PLC (LSE:DEC)(NYSE:DEC). Notably, the Assets contain a significant Proved Developed Producing (PDP) component, approximately $68 million, which will be purchased by Diversified. Concurrently, an active third-party development company with operations in the ar  more

CHICAGO, Illinois, Aug. 21 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Wilton Re on an agreement with Prudential Financial, Inc. (NYSE: PRU) whereby Prudential will reinsure a portion of its guaranteed universal life block to Wilton Re, resulting in approximately $350 million of expected proceeds, post-closing. Under the terms of the agreement, Wilton Re will reinsure approximately $11 billion of reserves backing Prudential's guaranteed univer  more

CHICAGO, Illinois, Aug. 21 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised V-Wave Ltd., a privately held company focused on developing innovative treatment options for patients with heart failure, on its acquisition by Johnson & Johnson. Under the terms of the agreement, Johnson & Johnson will acquire V-Wave for an upfront payment of $600 million, subject to customary adjustments, with the potential for additional regulatory and commercial milesto  more

CHICAGO, Illinois, Aug. 21 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis counseled Varde Partners, a leading global alternative investment firm, and its portfolio company Trimont, the leading global commercial real estate loan services provider, on its definitive agreement to acquire Wells Fargo's non-agency third-party Commercial Mortgage Servicing (CMS) business, the largest servicer of securitized debt in the U.S. The transaction positions Trimont as   more

ENCINO, California, Aug. 21 -- Marcus and Millichap issued the following news release: MOUNT PROSPECT, Ill., August 20, 2024 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a three-building, 11-tenant retail portfolio located in Mount Prospect, Illinois. The properties collectively sold for $12,452,000. The firm's capital markets subsidiary, Marcus & Millich  more

CHICAGO, Illinois, Aug. 21 -- McDermott Will and Emery, a law firm, issued the following news release: Munich, August 20, 2024 - With a team led by Holger Ebersberger and Thomas Diekmann, McDermott Will & Emery represented Hannover Finanz-backed Lacon Group on its acquisition of Montronic GmbH & Co. KG. The acquisition is part of Lacon's buy-and-build strategy and is a strategic move to enhance its aerospace segment, leveraging Montronic's proximity to key industry players. Lacon Group, headq  more

CHICAGO, Illinois, Aug. 21 -- McDermott Will and Emery, a law firm, issued the following news release: International law firm McDermott Will & Emery welcomes John Burge as a partner in its Transactions Practice Group in London. John focuses on leveraged finance, special situations, acquisitions and other event-driven finance and restructurings. "John's strong financial expertise ranging from mid-market to large caps compliments our global private credit and private equity platforms and allows   more

BLOOMINGTON, Illinois, Aug. 21 -- Illinois Wesleyan University issued the following news release: Illinois Wesleyan's Carolyn Nadeau has been awarded an Open Educational Resources (OER) grant of $71,500 to produce a free online textbook for Spanish learners and aspiring healthcare professionals. Nadeau, the Byron S. Tucci Professor of Spanish, World Languages, Literatures And Cultures, applied for and won the grant from the Illinois State Library, through the Consortium for Academic Research L  more

LAKE FOREST, Illinois, Aug. 21 (TNSres) -- Lake Forest College issued the following news: Inspired and supported throughout their academic journeys by the dedicated mentorship of Disque D. & Carol Gram Deane Professor of Biological Sciences Shubhik DebBurman, life sciences alumni returned the favor by nominating him for a prestigious national faculty mentor award that he ultimately received. DebBurman received the 2024 Biology Division Faculty Mentor Award (Advanced Career) from the Council on  more

SPRINGFIELD, Illinois, Aug. 21 -- The Illinois National Guard issued the following news: Chicago, Ill. - Maj. Gen. Rodney Boyd, The Adjutant General of Illinois and the Commander of the Illinois National Guard was the keynote speaker at the 8th Infantry Illinois National Guard Association annual scholarship ceremony on Aug. 10 at the Illinois Army National Guard's General Richard Jones Armory on Chicago's South Side. The 8th Infantry Association keeps the memory of the Illinois National Guard'  more