Hawaiian Electric Industries has sold its control of American Savings Bank in a $400 million deal. The transaction is a ...

The $450 million deal follows the Hawaiian utility company’s agreement last year to put close to $2 billion toward a joint ...

Hawaiian Electric (NYSE:HE) -0.6% in Tuesday's trading after saying it agreed to sell a 90.1% stake in its American Savings ...

The Honolulu-based utility sold a 90.1% stake in American Savings Bank. The deal valued the lender at $450 million.

Hawaiian Electric Industries Inc. has sold over 90% of its subsidiary American Savings Bank to independent investors in a ...

The American Savings Bank headquarters in Honolulu is seen in this 2019 file photo. Hawaiian Electric Industries sold the ...

Formerly American Savings Bank’s wholly-owned subsidiary, Hawaiian Electric Industries, Inc. will retain a 9.9% non-controlling interest after its sale to independent investors to continue to ...

(Reuters) — Hawaiian Electric Industries (HEI) said on Tuesday it had closed the deal to sell a 90.1% stake in its unit American Savings Bank (ASB), helping the company raise funds for the ...

First Hawaiian Bank grew its holdings in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 35.9% in the ...

Hawaiian Electric Industries announced the sale of American Savings Bank to independent investors, allowing HEI to reduce ...

Hawaiian Electric Industries has sold more than 90% of its equity in American Savings Bank, which will now operate as an independent bank, for $405 million in cash. The utility company said Tuesday ...

Hawaiian Electric Industries, Inc., today announced the sale of a 90% stake in its American Savings Bank subsidiary to ...