Monday - November 25, 2024
State Tipoffs Involving Illinois Newsletter for Thursday October 10, 2024 ( 40 items )  

Charles Hallab Appointed President & CEO of U.S.-Saudi Business Council
CHICAGO, Illinois, Oct. 9 -- Mayer Brown, a law firm, issued the following news: Former Mayer Brown partner Charles Hallab has been appointed as President & CEO of the U.S.-Saudi Business Council (the "Council"), a bilateral NGO at the forefront of the business, trade, and investment relationship between the United States and the Kingdom of Saudi Arabia. Charles is a senior advisor at Al Akeel & Partners and was previously the Chair of Mayer Brown's Middle East Practice and International Joint  more

Circana Expands Receipt Panel to 175,000 Static Participants, Making It the Largest U.S. Omnichannel Purchase Panel in the Market Research Industry
CHICAGO, Illinois, Oct. 9 -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release on Oct. 8, 2024: * * * Growth of Receipt Panel enhances Circana's Complete Consumer solution, delivering a more comprehensive and precise understanding of consumer purchase behavior * * * Circana, a leading advisor on the complexity of consumer behavior, today announced the expansion of its Receipt Panel, which now sources receipt data fr  more

ComEd Launches New Resource to Help Customers Interested in Adding Heat Pump Technology at Home
CHICAGO, Illinois, Oct. 9 -- Commonwealth Edison, a subsidiary of Exelon, issued the following news release: * * * All new Go Electric website empowers customers with information on how heat pumps work, lower energy bills and reduce energy consumption year-round * * * As many homeowners consider a furnace tune up or replacement ahead of the winter season, ComEd is unveiling an all-in-one resource to help customers consider the benefits of switching from traditional furnaces to electric heat   more

Consolidated Communications Launches Cloud WiFi for Business Customers in Northern New England
MATTOON, Illinois, Oct. 9 -- Consolidated Communications, a broadband and business communications provider, issued the following news release on Oct. 8, 2024: * * * Expanded solution delivers better, simpler connectivity for customers and and employees for small and medium business customers * * * Consolidated Communications a leading broadband and business communications provider, today announced that business customers in Maine, New Hampshire and Vermont can now benefit from Consolidated'  more

Corporate & Securities Group Welcomes New Associate
CHICAGO, Illinois, Oct. 9 -- Barack Ferrazzano, a law firm, issued the following news release: BFKN is pleased to announce the addition of a new associate, Gregory Klein, to the firm's Corporate & Securities Group. Gregory is a detail-oriented and reliable corporate attorney with experience advising clients on a wide variety of complex transactions and corporate matters. Gregory's practice focuses on a broad range of corporate and transactional matters, including strategic mergers and acquisit  more

Crowe Achieves the 2024-2025 Microsoft Business Applications Inner Circle Award
CHICAGO, Illinois, Oct. 9 -- Crowe, a public accounting, consulting and technology firm, issued the following news release: * * * Crowe is honored by Microsoft for achieving outstanding sales achievement and innovation * * * Crowe LLP, a public accounting and consulting firm, has been selected for this Business Application's 2024-2025 Microsoft Inner Circle. Participation within Inner Circle is based on sales achievements that rank Crowe in the top echelon of Microsoft's Business Application  more

First Orion, TNS and TransUnion Partnership Launches Branded Calling With Logos for Enterprises
CHICAGO, Illinois, Oct. 9 -- TransUnion, a risk information provider, issued the following news release on Oct. 8, 2024: * * * Industry-leading partnership to deliver five billion authenticated, branded calls across the top three U.S. wireless carriers in 2024 * * * First Orion, Transaction Network Services (TNS), and TransUnion (NYSE: TRU) today announced the availability of branded calling with logos across the top three U.S. wireless carriers. The partnership ensures branded calls with r  more

G2's Updated Algorithm Brings More Accuracy & Transparency to Seller Scoring
CHICAGO, Illinois, Oct. 9 -- G2 issued the following statement on Oct 8, 2024, by Chief Product Officer Sara Rossio: * * * Consider G2's algorithm like a map that brings software buyers and sellers together. The ultimate destination? Buyers purchasing a solution that aligns with their goals and needs. At G2, we are continuously looking at our data to make G2 Scores and Grid(R) Reports more helpful for both buyers and sellers through ongoing, robust buyer research and customer feedback. Last y  more

GE HealthCare Accelerates Artificial Intelligence Adoption With New Offering to Advance Enterprise Imaging
CHICAGO, Illinois, Oct. 10 -- G.E. HealthCare issued the following news release: * * * Integrated feature from Blackford offers AI-enabled decision support to help radiologists adapt to higher workloads and increased exam complexity. * * * GE HealthCare integrates third party artificial intelligence (AI)-enabled application orchestration feature into True PACS and Centricity PACS./1 In collaboration with Blackford, the new AI-enabled offerings help radiologists with their workload which coul  more

GE HealthCare Announces Phase I Results for a First-of-Its-Kind Macrocyclic Manganese-Based MRI Contrast Agent
CHICAGO, Illinois, Oct. 9 (TNSres) -- G.E. HealthCare issued the following news release: * * * * Results of the Phase I clinical trial, presented at the bi-annual Contrast Media Research symposium in Oslo, Norway, conclude that this novel macrocyclic manganese-based contrast agent was well tolerated with no serious adverse events, dose-limiting toxicities or clinically relevant findings reported. * If approved, this agent could provide an alternative to gadolinium-based contrast agents and ad  more

GE HealthCare Takes Key Role in New Consortium to Revolutionize Cancer Care, Advancing Precision Medicine for Patients in Europe
CHICAGO, Illinois, Oct. 9 -- G.E. HealthCare issued the following news release: GE HealthCare announces the commencement, and its leading industrial role, in Thera4Care, an initiative aimed at revolutionizing the use of theranostics to broaden patient access in Europe. The Euros25.3 million project gathers 29 partners from top European academic and clinical sites, small and medium-sized enterprises, and patient advocacy groups. Cancer is the leading cause of death worldwide, accounting for nea  more

Hyatt Strengthens Holistic Wellbeing Commitment for Colleagues, Guests and Members
CHICAGO, Illinois, Oct. 9 -- Hyatt Hotels Corp., a hospitality company, issued the following news release: * * * New mental health collaboration and wellbeing experiences support Hyatt stakeholders in pursuit of healthy, happy and fulfilled lives * * * Wellbeing is at the core of Hyatt's purpose, and to further extend care to colleagues, Hyatt is proud to announce a new collaboration with Mind Share Partners, a nonprofit that is changing the culture of workplace mental health so colleagues a  more

ILL. A.G. RAOUL ANNOUNCES $52 MILLION SETTLEMENT AGREEMENT WITH MARRIOTT FOR DATA BREACH OF STARWOOD RESERVATION DATABASE
CHICAGO, Illinois, Oct. 10 -- Illinois Attorney General Kwame Raoul issued the following news release on Oct. 9, 2024: Attorney General Kwame Raoul, as part of a bipartisan coalition of 50 attorneys general, today has reached an agreement in principle with Marriott International Inc. as the result of an investigation into a large multiyear data breach of one of its guest reservation databases. Under the proposed settlement, Marriott has agreed to strengthen its data security practices, provide   more

JLL Arranges $443M Sale of 701 Brickell, Second Largest Office Sale in Florida History
CHICAGO, Illinois, Oct. 9 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * The trophy asset was highly sought after by institutional groups and ultra-high net worth investors * * * MIAMI, Oct. 8, 2024 - JLL Capital Markets announced today that it arranged the $443 million sale of 701 Brickell, a trophy Class AA office building totalling 685,279 square feet in the heart of Miami's financial district. Brickell is currently the top  more

JLL Capital Markets Completes Sale of Prime Suwanee Warehouse Facility
CHICAGO, Illinois, Oct. 10 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * Dermody Properties acquires a 61K SF industrial asset in Atlanta's Northeast submarket * * * ATLANTA, Oct. 9, 2024 - JLL Capital Markets announced today the sale of 3851 Lakefield Drive, a 61,000-square-foot warehouse and manufacturing facility located in Suwanee, Georgia, in close proximity to the Johns Creek city limits. JLL represented the seller, Fl  more

JLL Orchestrates Sale and Financing of The Louisa in Portland
CHICAGO, Illinois, Oct. 9 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * Iconic Pearl District high-rise with prime retail space changes hands in thriving urban market * * * PORTLAND, Oct. 8, 2024 - JLL Capital Markets announced today that it has secured the sale and financing for The Louisa, a 242-unit multifamily high-rise in Portland, Oregon. JLL worked on behalf of the seller in procuring the buyer, Guardian Real Estate S  more

JLL Secures $14M Refinancing for Home2 Suites by Hilton Temecula
CHICAGO, Illinois, Oct. 10 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * Home2 Suites by Hilton Temecula, a 120-key hotel, caters to both leisure and business travelers * * * SAN DIEGO, Oct. 9, 2024 - JLL Capital Markets announced today it secured the $14 million refinancing for Home2Suites by Hilton Temecula, a 120-room extended-stay hotel in the heart of Southern California's wine country. JLL worked on behalf of the borro  more

Jones Lang LaSalle: Grocery-Anchored Retail Center in Atlanta Metro Trades Hands
CHICAGO, Illinois, Oct. 9 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitated the sale of Presidential Commons, a 264K SF grocery-anchored retail center in Snellville, GA * * * ATLANTA, Oct. 8, 2024 - JLL Capital Markets announced today the sale of Presidential Commons, a 264,271-square-foot grocery-anchored retail center in Snellville, Georgia. JLL represented the seller, SITE Centers, in the sale   more

Jones Lang LaSalle: Investor Purchases Minneapolis Transit-Oriented Apartment Community
CHICAGO, Illinois, Oct. 10 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets led the sales efforts for B-Side Apartments, a 147-unit community in South Minneapolis, Minnesota * * * MINNEAPOLIS, MN., Oct. 8, 2024 - JLL Capital Markets announced today that it has closed the sale of B-Side Apartments, a 147-unit, transit-oriented multi-housing community in Minneapolis, Minnesota. JLL represented the seller, Satu  more

Jones Lang LaSalle: Prime San Antonio Retail Center Changes Hands
CHICAGO, Illinois, Oct. 9 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitates sale of Village at Stone Oak, a 476K SF high-performing retail center * * * DALLAS, Oct. 8, 2024 - JLL Capital Markets announced today the sale of Village at Stone Oak, a 476,371-square-foot high-performing retail center in San Antonio, Texas. JLL worked on behalf of the seller, SITE Centers, in the sale to Sterling Organi  more

Jones Lang LaSalle: Sale of Portland Area Medical Outpatient Building Closes
CHICAGO, Illinois, Oct. 9 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitates the sale of 4004 Kruse Way Place in Lake Oswego, Oregon * * * PORTLAND, Oct. 8, 2024 - JLL Capital Markets announced today that it has closed the sale of 4004 Kruse Way Place, a 59,865-square-foot medical outpatient building repositioning in Lake Oswego, Oregon. JLL represented the seller, Shorenstein, and procured the buy  more

Jones Lang LaSalle: Thriving Alabama Retail Center Secures $42.45M Refinancing
CHICAGO, Illinois, Oct. 10 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets arranges loan for Vestavia Hills City Center, a premier mixed-use destination in Birmingham MSA * * * MIAMI, Oct. 9, 2024 - JLL Capital Markets announced today that it has secured the $42.45 million refinancing of Vestavia Hills City Center, a 389-736-square-foot open-air, mixed-use lifestyle center in Vestavia Hills, Alabama. JLL wo  more

Kirkland Advises 26North Partners on Acquisition of High Growth Health Club Operator Onelife Fitness
CHICAGO, Illinois, Oct. 9 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised 26North Partners LP, a next-generation alternatives firm founded by Josh Harris, in the acquisition of leading health club operator Onelife Fitness from Delos Capital. The transaction was announced on October 4, 2024. Read the transaction press release. The Kirkland team included corporate lawyers Ryan Brissette, Kartik Khanna and Pete Martelli; debt finance lawyers Jud O  more

Kirkland Advises GLP Capital Partners on Sale of GCP International to Ares
CHICAGO, Illinois, Oct. 9 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising GLP Capital Partners Limited on the sale of its international business and certain of its affiliates, excluding its operations in Greater China ("GCP International"), and existing capital commitments to certain managed funds to Ares Management Corporation (NYSE: ARES) in a transaction valued at $3.7 billion. The deal includes approximately $1.8 billion in cash and approxi  more

Kirkland Advises on BingEx U.S. IPO
CHICAGO, Illinois, Oct. 9 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis represented the underwriters in the initial public offering of BingEx Limited. BingEx listed on the Nasdaq Stock Market under the symbol "FLX" on October 4, 2024 and the offering closed on October 7, 2024. Deutsche Bank Securities Inc., China International Capital Corporation Hong Kong Securities Limited and CLSA Limited are acting as the underwriters. BingEx Limited is the largest   more

Kirkland Advises the Underwriters in Exxon Mobil Corporation's $172M Floating Rate Notes Offering
CHICAGO, Illinois, Oct. 9 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised the underwriters in an offering of $172 million of floating rate notes due 2074 by Exxon Mobil Corporation (NYSE: XOM), one of the largest publicly traded international energy and petrochemical companies. The transaction was led by joint book-running managers Morgan Stanley & Co. LLC, UBS Securities LLC, RBC Capital Markets, LLC and Deutsche Bank Securities Inc. The offering  more

Kirkland Represents CoolSys on Acquisition of Mechanical Engineering & Construction Corporation
CHICAGO, Illinois, Oct. 10 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised CoolSys(TM), the market-leading provider of sustainable refrigeration, HVAC, energy and engineering solutions, on its acquisition of Mechanical Engineering & Construction Corporation (MEC2), a full-service mechanical engineering firm based in Maryland and Virginia that provides comprehensive mechanical design and construction services for institutional, commercial, industria  more

Littelfuse Unveils Industry's First Asymmetrical TVS Diode Series for SiC MOSFET Gate Protection
CHICAGO, Illinois, Oct. 9 -- Littelfuse, a circuit protection manufacturer, issued the following news release on Oct. 8, 2024: * * * Ideal for high-efficiency power solutions in data center, EV infrastructure, and industrial equipment * * * Littelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced the SMFA Asymmetrical Series Surface-Mount TVS Diode, the first-to-market asymmetrical TVS solution speci  more

MAYER BROWN ACHIEVES MANSFIELD CERTIFICATION IN U.S. AND UK FOR 2023-24
CHICAGO, Illinois, Oct. 9 -- Mayer Brown, a law firm, issued the following news: Mayer Brown has achieved the 2023-2024 Mansfield Certification in both the US and UK. This achievement builds on the firm's 2021 commitment to continually seek recertification, emphasizing the principles of transparency, accountability, and knowledge sharing. Mansfield Certification, an initiative by Diversity Lab, is a year-long certification process requiring law firms to show measurable progress in increasing d  more

Mayer Brown Advised Eurazeo on the Sale by Grape Hospitality of a Portfolio of 22 Hotels
CHICAGO, Illinois, Oct. 10 -- Mayer Brown, a law firm, issued the following news: Paris - Mayer Brown advised Eurazeo on the financing aspects of the sale by its 70%-owned subsidiary Grape Hospitality of a portfolio of 22 hotels located in France. This portfolio, representing the largest part of Grape Hospitality's economic hotels, has been acquired by consortium formed by a hotel operator and a real estate investor. This strategic operation marks a significant milestone in Grape Hospitality's  more

MAYER BROWN PARTNER STEPHANIE HURST NAMED TO LA BUSINESS FIRST'S 'WOMEN OF INFLUENCE' LIST
CHICAGO, Illinois, Oct. 9 -- Mayer Brown, a law firm, issued the following news: Mayer Brown partner Stephanie Hurst has been selected to the LA Business First's 2024 list of "Women of Influence," which "recognizes women making an impact both professionally and personally" in the Los Angeles community. Stephanie is recognized as a go-to lawyer for California-based companies, seeking counsel on corporate-related ESG matters, as well as for national and international clients on US and California  more

McDermott Advises AREV Partners on the Acquisition of a Joint Majority Stake With Bluegem in Groupe Pinard
CHICAGO, Illinois, Oct. 10 -- McDermott Will and Emery, a law firm, issued the following news release: McDermott Will & Emery has advised AREV Partners on the acquisition of a joint majority stake with Bluegem in Groupe Pinard, a group specializing in the design and manufacture of packaging solutions for prestige and luxury brands in the beauty and personal care sectors. AREV Partners and Bluegem succeed IK, present in the Group's capital since 2017, while the founding family and management te  more

Nature and plastics inspire breakthrough in soft sustainable materials
EVANSTON, Illinois, Oct. 9 -- Northwestern University issued the following news release: Amanda Morris Journal: Nature EVANSTON, Ill. Step aside hard, rigid materials. There is a new soft, sustainable electroactive material in town and it's poised to open new possibilities for medical devices, wearable technology and human-computer interfaces. Using peptides and a snippet of the large molecules in plastics, Northwestern University materials scientists have developed materials made of tiny, f  more

Olivet Nazarene University: Faculty Scholarship on Adjunct and Student Perspectives
BOURBONNAIS, Illinois, Oct. 9 (TNSres) -- Olivet Nazarene University issued the following news: For Olivet Nazarene University faculty, part of teaching is connecting research with insights on how students and colleagues learn as well as best practices to reach desired outcomes. Two articles published by Olivet professors this past summer in the peer-reviewed journal Christian Higher Education -- the leading journal for scholarship on issues and practices related to Christian colleges and unive  more

Park Hyatt Debuts in London
CHICAGO, Illinois, Oct. 9 -- Hyatt Hotels Corp., a hospitality company, issued the following news release on Oct. 8, 2024: * * * The highly anticipated Park Hyatt London River Thames is now open for guests seeking elevated luxury * * * Hyatt Hotels Corporation (NYSE: H) today announced the opening of Park Hyatt London River Thames, marking the debut of the Park Hyatt brand in the United Kingdom. Located in an exclusive riverside location in the fast-transforming South West London district of  more

Perry Family Charitable Foundation Donates $1M to Support Cristo Rey Students at Loyola University Chicago's Arrupe College
CHICAGO, Illinois, Oct. 10 -- The Loyola University Chicago issued the following news release: * * * The fund will support students to attend Arrupe without out-of-pocket costs and to graduate debt-free. * * * Loyola University Chicago has announced a $1 million gift from the Perry Family Charitable Foundation that will support graduates from Chicago-area Cristo Rey High Schools as they attend Arrupe College at Loyola. The gift will establish the Katsouros Scholars Fund, named in honor of St  more

UChicago Scientists Create Molecules That Can 'Turn Off' Cancer Growth in Mice
CHICAGO, Illinois, Oct. 10 (TNSres) -- The University of Chicago issued the following news: * * * New study targets previously 'undruggable' class of proteins involved in cancer * * * By Louise Lerner Scientists have long known that when a cancerous clump of cells starts to starve, that's when things can get dangerous. Searching for nutrients, the cancer can begin to spread throughout the body, enabled by certain proteins in a family known as transcription factors. But for decades, efforts   more

Viruses are teeming on your toothbrush, showerhead
EVANSTON, Illinois, Oct. 9 -- Northwestern University issued the following news release: Amanda Morris Journal: Frontiers in Microbiomes EVANSTON, Ill. Step aside tropical rainforests and coral reefs the latest hotspot to offer awe-inspiring biodiversity lies no further than your bathroom. In a new Northwestern University-led study, microbiologists found that showerheads and toothbrushes are teeming with an extremely diverse collection of viruses most of which have never been seen before. A  more

Winston & Strawn Bolsters Digital Assets Practice, Miami Office With Addition of Partner Andrew M. Hinkes
CHICAGO, Illinois, Oct. 9 -- Winston and Strawn LLP, a law firm, issued the following news release: Miami - October 7, 2024 - Winston & Strawn LLP announced today that Andrew ("Drew") M. Hinkes has joined the Miami office as a partner in the Transactions Department and member of the Digital Assets and Blockchain Technology ("DABT") Group. Drew is a trailblazing attorney in the digital assets space, and most recently co-chaired the digital assets industry group of a large international law firm  more

Wis. Natural Resources Dept. Seeking Public Input on 2024 Draft Water Management Program Review & Water Use Efficiency Goals and Objectives
MADISON, Wisconsin, Oct. 9 -- The Wisconsin Department of Natural Resources issued the following news release: The Wisconsin Department of Natural Resources (DNR) is seeking comments on two draft items related to Wisconsin's water management, conservation and efficiency efforts under the Great Lakes Compact. The Great Lakes Compact is an agreement among the eight Great Lake states: Illinois, Indiana, Michigan, Minnesota, Ohio, Pennsylvania, New York and Wisconsin, aimed at implementing aligned  more