Banking & Finance

Milwaukee-based Wisconsin Energy Corp. has formed an agreement with the governor and other stakeholders in Michigan to gain their approval of its plan to acquire Chicago-based Integrys Energy Group for $9.1 billion.

Milwaukee-based BrightStar Wisconsin Foundation Inc., a nonprofit that practices venture philanthropy, has announced an investment of $1 million in five companies new to its portfolio.

Ardmore, Penn.-based national plumbing, heating and industrial supply company Hajoca Corp. has acquired Racine-based online plumbing fixture retailer eImprovement.com.

The Federal Home Loan Bank of Chicago has awarded $2.2 million in grants to BMO Harris Bank to fund six affordable housing projects in Wisconsin through the Affordable Housing Project program.

Wells Fargo has granted $100,000 to Milwaukee-based The Water Council through its Clean Technology and Innovation program, which targets innovative clean energy technologies.

The YMCA of Metropolitan Milwaukee announced today that it will close the South Shore YMCA, located in Cudahy at 3244 E. College Ave. effective Jan. 31.

Wauwatosa-based WaterStone Bank has named Wendy Rice and Erin McCarthy as its first regional managers.

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Milwaukee-based Douglas Dynamics Inc. announced that it has completed the acquisition of Henderson Products Inc. of Manchester, Iowa, for approximately $95 million in cash, subject to post-closing adjustments. The signing of the definitive purchase agreement for the acquisition was previously announced in late November.

Milwaukee-based Plant Equipment Group is under agreement to be sold to Global Equipment Company Inc. for $25 million in cash.