American Savings Bank is selling a stake in Hawaiian Electric Industries to reduce debt and fund initiatives.
3 reports, 3 independent
Updated Sep 16
Gone quiet
- Reports
- 3
- Developments
- 3
- Repetition
- 0%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
American Savings Bank is selling a stake in Hawaiian Electric Industries to reduce debt and fund initiatives.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Hawaiian Electric retained a 9.9% stake in American Savings Bank.1 source
HEI completed a major sale of ASB stock, transferring 90.1% of the common shares.1 source
American Savings Bank sells stake in HEI to fund initiatives and reduce debt.1 source
Keep exploring
The entities involved
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American Savings Bank
Hawaii's third-largest financial institution
Nothing else this week.
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Hawaiian Electric Industries
American utility company
Nothing else this week.
Related events
Coverage
Newest first; wire copies grouped- insidermonkey.com
- pymnts.com
- Insider MonkeyHawaiian Electric Industries, Inc. (HE) Rolls Out AI-Driven Wildfire Defense System We recently compiled a list of 10 Cheap Utility Stocks to Buy According to Hedge Funds. Hawaiian Electric Industrie