HONOLULU (HawaiiNewsNow) - Hawaiian Electric Industries has sold its control of American Savings Bank in a $400 million deal. The transaction is a direct result of wildfires that will cost 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 Bank subsidiary to a group of nearly a dozen investors for $405M in cash ...

Hawaiian Electric Industries Inc. said today it has closed the deal to sell a 90.1% stake in its subsidiary American Savings Bank through separate agreements, helping the company raise funds for the ...

ASB bank sale at fire sale price may impact wildfire claim repayment and Hawaiian Electric share price, leading to downward ...

Hawaiian Electric (HE) Industries announced the closing of the sale of 90.1% of the common stock of American Savings Bank, F.S.B, previously its wholly owned subsidiary, to independent investors ...

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 ...

Hawaiian Electric Industries Inc. said today it has closed the deal to sell a 90.1% stake in its subsidiary American Savings Bank through separate agreements, helping the company raise funds for ...

Hawaiian Electric Industries (NYSE:HE) -0.6% in Tuesday's trading after saying it agreed to sell a 90.1% stake in its American Savings Bank subsidiary to a group of nearly a dozen investors for $ ...

HONOLULU (Island News) -- Hawaiian Electric Industries (HEI) has sold a little more than 90% of its interest in American Savings Bank (ASB) to raise more for Maui wildfire recovery. The sale ...

Dec 31 (Reuters) - Hawaiian Electric Industries (HEI) (HE.N), opens new tab said on Tuesday it had closed the deal to sell a 90.1% stake in its unit American Savings Bank (ASB), helping the ...