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

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

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

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 ...

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

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

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

American Savings Bank will continue to operate as an independent bank under its existing name, brand and leadership. Hawaiian Electric Industries has sold the majority of shares of its American ...

Hawaiian Electric has sold most of American Savings Bank to a group of independent investors to help fund lawsuits stemming ...

Hawaiian Electric Industries, Inc. (NYSE: HE) recently disclosed a significant development involving its wholly owned subsidiary, American Savings Bank, F.S.B. (ASB). In a Form 8-K filing submitted to ...

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 ...