Browsing Tag
Chicago
100 posts
Platinum Equity to acquire Energy Distribution Partners after 45 acquisitions and threefold EBITDA growth
Platinum Equity has agreed to acquire Energy Distribution Partners, a US propane distributor built through 45 acquisitions and operating across 24 states. The proposed transaction follows a period of substantial earnings growth under PPC ownership, but further expansion will depend on acquisition economics, operating efficiency and maintaining local customer relationships.
Chicago federal building shooting prompts police response as suspect detained
Chicago police detained a man after shots were fired near a downtown federal office building housing several government agencies and two U.S. senators' offices.
GTCR and Elliott agree $6.1bn acquisition of CCC Intelligent Solutions
GTCR and Elliott have agreed to acquire CCC Intelligent Solutions for approximately $6.1 billion, offering shareholders $7.75 per share. The deal highlights private equity confidence in insurance software platforms with embedded workflows and substantial customer networks, even as AI reshapes industry competition and pricing expectations.
JLL creates US Country CEO role as Mark Gibson takes charge of client integration
Jones Lang LaSalle has created a United States Country Chief Executive Officer role for Capital Markets leader Mark Gibson as part of its Accelerate 2030 strategy. The change is designed to make JLL operate more like one integrated real-estate platform across its largest market rather than a collection of specialist businesses.g
Teen arrested over alleged mass shooting plot targeting Hindu temple near Chicago
Illinois authorities arrested a 19-year-old accused of planning a mass shooting at a Hindu temple in the Chicago suburbs after coworkers alerted police to threatening communications.
OMAKAI Sushi plans Chicago debut as Orlando and Brickell expansion accelerates
OMAKAI Sushi is preparing its Chicago debut while adding locations in Orlando and Miami’s Brickell district, pushing the restaurant group beyond the South Florida market where its accessible omakase model was built.
Guzman y Gomez (ASX: GYG) delivers A$53m profit as Australia growth absorbs US retreat
Australian and Asian network sales reached A$1.38 billion and underlying EBITDA climbed nearly 29%, while discontinued US operations pushed statutory attributable earnings into a A$26.7 million loss.
Zayo and NVIDIA target AI network bottleneck with six new long-haul fibre routes
Zayo is working with NVIDIA to expand long-haul fibre capacity across emerging United States AI corridors, linking the semiconductor company’s accelerated-computing ecosystem with Zayo’s largest network construction programme. The infrastructure opportunity is substantial, but undisclosed commercial terms and long construction cycles leave the financial returns dependent on customer commitments, utilisation and disciplined execution.
Why Finward Bancorp shares jumped 21% and still traded below First Financial’s deal value
Finward Bancorp shares jumped to about $44.27 in extended trading after First Financial Bancorp announced an all-stock acquisition. The strategic logic centres on deposits and Chicago scale, but the final consideration will move with First Financial shares until closing.
Tempus AI agrees to acquire Personalis in $1.5bn precision oncology deal built around a $46 floor price
Tempus AI to buy Personalis at $16.25 per share in a $1.5B stock-plus-optional-cash deal, with a $46 Tempus floor that gives Personalis the right to walk if breached.