Sunday - November 24, 2024
State Tipoffs Involving Illinois Newsletter for Tuesday October 22, 2024 ( 25 items )  

Ameren Illinois Team From Marion Finishes First Overall At International Lineman's Rodeo
ST. LOUIS, Missouri, Oct. 22 -- Ameren Illinois, a subsidiary of Ameren, issued the following news release: COLLINSVILLE, Ill. (October 21, 2024) - Ameren Illinois customers served by the Marion Operating Center (OC) know that journeymen linemen Jason Novak, Clayton Gulley and Austin Lewis are great at keeping the lights on in southern Illinois. The trio now have the distinction of being the best linemen in the world after finishing first overall at the 40th International Lineman's Rodeo in Ove  more

City Colleges of Chicago Celebrates National Student Transfer Week by Announcing Partnership With National University to Help Create More Education Opportunities for Students, Faculty, and Staff
CHICAGO, Illinois, Oct. 22 -- City Colleges of Chicago issued the following news: * * * City Colleges of Chicago and National University, one of the top educators of active military and veterans alike, increase education pathways by providing a seamless onramp for students to earn their bachelor's degrees * * * City Colleges of Chicago students will have the opportunity to transfer from City Colleges to National University (NU) with a new agreement meant to support students as they pursue fo  more

DePaul University Launches Business Technology Leadership Institute
CHICAGO, Illinois, Oct. 22 -- DePaul University issued the following news release: * * * $2.6 million gift from Dr. Curtis and Mrs. Gina Crawford accelerates tech-savvy leadership training for students * * * As technological advances revolutionize all sectors of business and industry, DePaul University is rising to the challenge. A $2.6 million gift from Dr. Curtis and Mrs. Gina Crawford is creating a transformative academic hub that will position DePaul at the forefront of leadership in th  more

First Mid Bank & Trust Small Business Customers Receive Community Grants From Federal Home Loan Bank of Chicago
MATTOON, Illinois, Oct. 22 -- First Mid Bancshares issued the following news release: Alton, IL (October 21, 2024) First Mid Bank & Trust, a trusted partner in local business development, is proud to announce that two of its valued small business customers, both located in Alton, IL, have each been awarded a $15,000 community grant from the Federal Home Loan Bank of Chicago (FHLBank Chicago). Provided through their Community First Accelerate Grants for Small Business program, the grants will pr  more

GE HealthCare Announces AI Innovation Lab Showcasing Five New Research Projects
CHICAGO, Illinois, Oct. 22 (TNSres) -- G.E. HealthCare issued the following news release on Oct. 21, 2024: * * * * Innovations include Health Companion research project powered by agentic AI * Additional early innovations explore pressing care needs, including identifying new ways to detect breast cancer and improving quality of care for moms and babies * * * GE HealthCare (Nasdaq: GEHC) today announced a new AI Innovation Lab, an initiative designed to accelerate early-concept AI innovatio  more

GE HealthCare Announces CareIntellect for Oncology, Harnessing AI to Give Clinicians an Easy Way to See the Patient Journey in a Single View
CHICAGO, Illinois, Oct. 22 -- G.E. HealthCare issued the following news release on Oct. 21, 2024: * * * * Application goes beyond data aggregation to help clinicians quickly see a longitudinal view of their patient's history, spotlighting disease progression and helping to inform proactive interventions * Tampa General Hospital and UT Southwestern Medical Center to be early evaluators of CareIntellect for Oncology * Application is the first within GE HealthCare's new CareIntellect offering o  more

Governor Pritzker Announces Relief Available to July Storm Victims in Illinois
SPRINGFIELD, Illinois, Oct. 22 -- Gov. JB Pritzker, D-Illinois, issued the following news release: * * * Multiple Tax Deadlines Postponed to Feb. 3, 2025 * * * CHICAGO -- Governor JB Pritzker and the Illinois Department of Revenue announced disaster tax relief for individuals and businesses in parts of Illinois affected by severe storms, tornadoes, straight-line winds, and flooding that began on July 13, 2024. "As communities across Illinois recover from July's severe storms, my administra  more

GWU Media Tip Sheet USDA Identifies Schools Who May be Impacted by Meat Recall
WASHINGTON, Oct. 21 -- George Washington University issued the following news: Following a recall of ready-to-eat meat by BrucePac over possible listeria contamination, the USDA has released a list of schools that received the products. The list includes schools in Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania, Tennessee, West Virginia, Wisconsin and the District of Columbia. The recall has now expanded to additiona  more

ILL. A.G. RAOUL LEADS COALITION CALLING ON U.S. SUPREME COURT TO PROTECT ACCESS TO PREVENTIVE HEALTH CARE SERVICES
CHICAGO, Illinois, Oct. 22 -- Illinois Attorney General Kwame Raoul issued the following news release on Oct. 21, 2024: Attorney General Kwame Raoul today led a coalition of 24 attorneys general in filing an amicus brief (https://illinoisattorneygeneral.gov/Braidwood%20-%20Illinois%20Amicus%20Brief%20-%2010-21%20-%20PDFA.pdf?language_id=1) asking the U.S. Supreme Court to act to protect a key provision of the Affordable Care Act (ACA) that guarantees access to critical preventive care for milli  more

Jones Lang LaSalle: $227M Refinancing Secured for The Union Dallas
CHICAGO, Illinois, Oct. 22 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets arranged the refinancing for the mixed-use development located in the premier Uptown Dallas submarket * * * DALLAS, Oct. 21, 2024 - JLL Capital Markets announced today it secured the $227 million refinancing for The Union, an iconic mixed-use development within the Uptown submarket of Dallas, Texas. JLL worked on behalf of a joint ve  more

Jones Lang LaSalle: $25M Financing Arranged for Warrenville Luxury Townhome Community
CHICAGO, Illinois, Oct. 22 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release on Oct. 21, 2024: * * * JLL Capital Markets assists with securing the loan for Arden Townhomes, a 60-unit complex in the thriving Cantera neighborhood * * * JLL Capital Markets announced today that it has arranged a $25 million financing for Arden Townhomes, a 60-unit, newly constructed townhome community in Warrenville, Illinois. JLL represented the borrower,  more

Jones Lang LaSalle: Fully Leased Industrial Property in Fontana, Calif., Sold for $70.1M
CHICAGO, Illinois, Oct. 22 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitates sale of 13201 Dahlia St., a prime industrial asset in Inland Empire West * * * LOS ANGELES, Oct. 21, 2024 - JLL Capital Markets announced today the $70.1 million sale of a fully leased 278,650-square-foot industrial property located at 13201 Dahlia St. in Fontana, California. JLL facilitated the transaction between the se  more

Jones Lang LaSalle: Sale and Financing Secured for Two Hotels in Devens, MA
CHICAGO, Illinois, Oct. 22 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets led the sale and financing efforts for the Hilton Garden Inn and SpringHill Suites Devens * * * BOSTON, Oct. 21, 2024 - JLL Capital Markets has closed the sale and arranged acquisition financing for the Hilton Garden Inn Devens and the SpringHill Suites Devens in Devens, Massachusetts. JLL represented the seller, RA Ventures, in the   more

Kirkland Advises CD&R on Potential Partnership With Sanofi to Acquire Opella
CHICAGO, Illinois, Oct. 22 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising CD&R on the M&A and reinvestment aspects as it enters into exclusive negotiations with Sanofi to acquire a 50% controlling stake in consumer healthcare champion, Opella, with Sanofi remaining a significant shareholder. CD&R's acquisition of a controlling stake values Opella at approximately Euros16 billion (EV). Headquartered in France, Opella employs over 11,000 people  more

Kirkland Advises Morgan Stanley Infrastructure Partners on Co-Control Equity Investment in Flexential
CHICAGO, Illinois, Oct. 22 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis represented Morgan Stanley Infrastructure Partners (MSIP) on its definitive agreement to acquire a co-control common equity stake in Flextential, a leading data center solutions provider. MSIP joins existing investor GI Partners as co-controlling owners of Flexential. The MSIP equity investment will accelerate Flexential's growth and support its mission to meet increasing demand f  more

Kirkland Advises Sophos on $859 Million Acquisition of Secureworks
CHICAGO, Illinois, Oct. 22 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Thoma Bravo-backed Sophos, a global leader of innovative security solutions for defeating cyberattacks, on its acquisition of Secureworks. The all-cash transaction is valued at approximately $859 million. Together, Sophos and Secureworks will help strengthen the resilience and security posture of global organizations of any size with a combination of security controls, art  more

Kirkland Advises Truelink Capital on Acquisition of GES From Viad Corp
CHICAGO, Illinois, Oct. 22 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Truelink Capital on its definitive agreement to acquire GES, a leading provider in the global exhibition and event industry, from Viad Corp. This acquisition marks another significant investment for Truelink Capital, a middle-market private equity firm focused on creating long-term value by partnering with industry-leading companies. The transaction is expected to close by  more

MAYER BROWN CONTINUES NEW YORK HIRING MOMENTUM WITH LEADING FINANCE LAWYER BLAISE LATELLA
CHICAGO, Illinois, Oct. 22 -- Mayer Brown, a law firm, issued the following news on Oct. 21, 2024: New York - Mayer Brown announced today that Blaise Latella has joined the firm as a partner in its Banking & Finance practice in New York, where he will focus on leveraged finance, private credit, and restructuring transactions, including complex syndicated asset-based lending transactions (ABL). Blaise joins from Winston & Strawn LLP, where he was a partner in its Finance Group. "I am very excit  more

McDermott Will & Emery Advises Verdane on the Acquisition of a Majority Stake in Cropster
CHICAGO, Illinois, Oct. 22 -- McDermott Will and Emery, a law firm, issued the following news release: Munich, October 22, 2024 - McDermott Will & Emery has advised European specialist growth investor Verdane on the acquisition of a majority stake in the software company Cropster. Verdane will support Cropster on its further growth. Cropster offers software solutions for use throughout the whole coffee value chain, from producers, buyers and roasters to wholesalers and retailers. Since its fou  more

McDermott Will & Emery Represents Eurazeo on Financing the Acquisition of a Controlling Stake in UNITY AG by DBAG
CHICAGO, Illinois, Oct. 22 -- McDermott Will and Emery, a law firm, issued the following news release: Munich, October 21, 2024 - McDermott Will & Emery has advised Eurazeo Global Investor as sole lender on the financing of the acquisition of shares in the management consultancy UNITY AG by Deutsche Beteiligungs AG (DBAG). DBAG acquires a majority stake in UNITY AG through a fund advised by DBAG. The existing shareholder, UNITY Innovation Alliance, acquires an almost equal stake. In addition,   more

Northern Trust Hosts Charity Trading Day to Benefit Four Charities
CHICAGO, Illinois, Oct. 22 -- Northern Trust, an international financial services company, issued the following news release: Northern Trust (Nasdaq: NTRS) held its third Charity Trading Day with employees across the world participating to benefit four charities aligned with Northern Trust's philanthropic strategy. As a result of Charity Trading Day, which occurred October 16, 2024, a total of US$1 million will be donated to Habitat for Humanity International, Rise Against Hunger, Ronald McDon  more

Pritzker Administration & IDPH Host 2024 Illinois Minority Health Conference in Naperville Oct. 21-23
SPRINGFIELD, Illinois, Oct. 22 -- Gov. JB Pritzker, D-Illinois, issued the following news release on Oct. 21, 2024: * * * Theme for Conference is: "Mission Possible: Moving from Talk to Action in Advancing Health Equity" * * * CHICAGO - The Administration of Governor JB Pritzker and the Illinois Department of Public Health (IDPH) today kick off a three-day Minority Health Conference in Naperville. The conference takes place as IDPH is working to implement the Healthy Illinois 2028 State Heal  more

Two Millikin Faculty Members Receive 2024 Phi Kappa Phi Love of Learning Awards
DECATUR, Illinois, Oct. 22 -- Millikin University issued the following news: * * * The award is given by Phi Kappa Phi Honor Society, the nation's oldest and most selective collegiate honor society for all academic disciplines. * * * By Matthew Flaten Millikin University College of Arts & Science faculty members Dr. Jennifer Schroeder and Dr. Kyle Knust recently received 2024 Phi Kappa Phi Love of Learning Awards. The Love of Learning Award is designed to help fund post-baccalaureate pro  more

Virtual debriefing on findings of news deserts study
EVANSTON, Illinois, Oct. 21 -- Northwestern University issued the following news release: EVANSTON, Ill. - Please join professor Tim Franklin, director of the Medill Local News Initiative and John M. Mutz Chair in Local News at Northwestern University, Wednesday, Oct. 23 at 10 a.m. (CDT) for a virtual briefing about the yet-to-be-released findings of the 2024 State of Local News report. Registration is required to attend Researchers from Medill's Local News Initiative will talk about the acce  more

WIU GIS Center Completes Critical Mapping for 9-1-1 Systems in All Illinois Counties
MACOMB, Illinois, Oct. 22 -- Western Illinois University issued the following news release: The Western Illinois University Geographic Information Systems (GIS) Center, under the leadership of Director Chad Sperry, has completed a critical project to ensure that all counties in Illinois, including Stark County, are now equipped with 9-1-1 services. This marks a significant milestone in public safety for the state. Stark County, the last county in Illinois to establish 9-1-1 services, relied on  more