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

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

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 ...

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

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 deadly 2023 Maui ...

Hawaiian Electric sells 90.1% stake in American Savings Bank for $405 million, allowing it to focus on core utility business ...

Curtis said collecting over $400 million from the sale and shedding responsibility for American Savings will enable Hawaiian ...

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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 ...