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 ...

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

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

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

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

Independent investors have acquired non-controlling interests in American Savings Bank in separate transactions from Hawaiian ...

Industries announced the closing of the sale of 90.1% of the common stock of American Savings Bank, F.S.B, previously ...

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 ...

Hawaiian Electric Industries, Inc. (HEI) has completed the sale of 90.1% of its subsidiary, American Savings Bank (ASB), to independent investors for $405 million, valuing the bank at $450 million.