Hawaiian Electric Industries will retain a 9.9% non-controlling interest in its formerly wholly-owned subsidiary American Savings Bank after its sale to independent investors to continue to ...

Under pressure to secure its financial standing in the wake of the Maui wildfires, Hawaiian Electric Industries has completed a sale of 90.1% of its shares in American Savings Bank to independent ...

Hawaiian Electric Industries sold to investors a 90.1% stake in American Savings Bank. The proceeds will help the utility pay a nearly $2 billion settlement tied to the Maui wildfires in 2023.

Power company Hawaiian Electric Industries said Tuesday it has sold a 90.1% stake in its bank subsidiary American Savings Bank to independent investors via separate agreements, in a transaction ...

The company has also issued a press release regarding the sale of American Savings Bank on December 31, 2024, which is attached to the filing. No further details or comments have been provided by ...

Power company Hawaiian Electric Industries said Tuesday it has sold a 90.1% stake in its bank subsidiary American Savings Bank to independent investors via separate agreements, in a transaction valued ...