Hawaiian Electric sells 90% interest in American Savings Bank

Reuters

01/01

Dec 31 (Reuters) - Hawaiian Electric Industries said on Tuesday it has closed the deal to sell 90.1% stake in its unit American Savings Bank $(ASB)$.

The deal values the bank at $450 million, with the investors purchasing the 90.1% of ASB common stock for a cash consideration of $405 million.

(Reporting by Sourasis Bose in Bengaluru; Editing by Mohammed Safi Shamsi)

((Sourasis.Bose@thomsonreuters.com;))

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Editing by Mohammed Safi Shamsi)</p><p>((Sourasis.Bose@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AFG","symbol_name":"美国金融集团有限公司","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2500491056","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500491056","pubTimestamp":1735672046,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Dec 31  - Hawaiian Electric Industries    said on Tuesday it has closed the deal to sell 90.1% stake in its unit American Savings Bank .   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