Hawaiian Electric Industries sells American Savings Bank stock to ...
5 days ago · Hawaiian Electric Industries Inc. closed on its sale of more than 90% of non-controlling interests in American Savings Bank to independent investors, creating an independent, local bank ...
Hawaiian Electric Industries, Inc. - HEI Announces Sale of …
Dec 31, 2024 · HONOLULU-- (BUSINESS WIRE)-- Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE) today announced the closing of the sale of 90.1% of the common stock of American Savings Bank, F.S.B (ASB), previously its wholly owned subsidiary, to independent investors (the “Investors”) via separate agreements.
Hawaiian Electric Industries sells 90% interest in American …
Dec 31, 2024 · 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 Agrees to Sell Bank Unit After Wildfire Settlement
Hawaiian Electric Industries HE-1.27% decrease; red down pointing triangle agreed to sell its community bank subsidiary to a group of investors Tuesday. The deal could help the company as it ...
Hawaiian Electric Shares Sink on $500M Stock Sale To Pay for …
Hawaiian Electric Industries will sell $500 million in stock to help pay for damages from the 2023 Maui wildfires. The power company is pricing the stock at $9.25, a $1.65 discount from...
Hawaiian Electric Industries, Inc. (HE) - Yahoo Finance
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Hawaiian Electric Industries, Inc. (HE) Stock Price, News, Quote ...
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Hawaiian Electric slumps after disclosing $500 mln stock offering …
Sep 23, 2024 · Hawaiian Electric Industries disclosed on Monday plans to sell up to $500 million worth of its common stock to help fund its part of the Maui wildfire settlement, sending its shares down over...
News Details - Hawaiian Electric Industries
Aug 2, 2024 · Hawaiian Electric Industries, Inc. (NYSE: HE) (“HEI”), today announced that HEI and its subsidiary, Hawaiian Electric Company, Inc. (“Hawaiian Electric”), and other parties have reached an agreement in principle to settle all tort claims related to …
Hawaiian Electric Industries Inc - Morningstar
1 day ago · Hawaiian Electric Industries will derive nearly all of its income from its electric utility after agreeing to sell a 90% stake in its American Savings Bank subsidiary for $405 million in late 2024.