Banking & Finance

Madison-based Anchor BanCorp Wisconsin Inc. has completed its previously announced $175 million recapitalization.

Glendale-based Johnson Controls has completed the $700 million sale of its HomeLink business to Zeeland, Mich.-based Gentex Corporation. The deal was announced in July.

Payments-related fraud is startlingly common. In 2012, two-thirds of businesses reported actual or attempted fraud related to payments, according to the Association for Financial Professionals Payments Fraud and Control Survey. The average loss from payment fraud in 2012 was $20,300.

Super Steel LLC's recent designation as the fastest-growing company in the Future 50 for 2013 reflects one of the most remarkable corporate turnarounds in Milwaukee history.

Milwaukee’s tallest building, the U.S. Bank Center, will go “green” today when the building’s newly installed LED signs are turned on for the first time.

Smithfield Foods Inc., the parent company of Patrick Cudahy Inc., announced that its shareholders voted overwhelmingly to approve the acquisition of the company by Shuanghui International Holdings Limited of China.

Racine-based Modine Manufacturing Co. a diversified global leader in thermal management technology and solutions, announced it has entered into exclusive negotiations to acquire privately held Barkell Limited, a manufacturer of custom built air handling units located in Consett (County Durham), United Kingdom.

Pereles Bros. Inc., a Milwaukee-based plastic injection molding company, has been was purchased through an equity buyout by business partners Steve Iram and Jim Gannon.

ZBB Energy Corp., a Menomonee Falls-based developer of renewable energy power platforms and hybrid vehicle control systems, today reported a net loss of $11.9 million, or 15 cents per share, for its full fiscal year, which was an improvement over a net loss of $13.7 million, or 37 cents per share, in the previous fiscal year.