Alexander & Baldwin Inc. Finalizes Agreement to Terminate Deal with Mahi Pono, Transfers Assets and Schedules Payments

Reuters

06-21

Alexander & Baldwin Inc. Finalizes Agreement to Terminate Deal with Mahi Pono, Transfers Assets and Schedules Payments

Alexander & Baldwin, Inc. (A&B) has announced a significant update regarding its contractual obligations with Mahi Pono Holdings, LLC. On June 17, 2025, A&B entered into a Termination Agreement with Mahi Pono to conclude the remaining rights and obligations under their previous Purchase and Sale Agreement from December 2018. As part of this new agreement, A&B will transfer its 50% ownership interest in East Maui Irrigation Company, LLC and forego a $2.7 million payment. Additionally, A&B has agreed to pay $55.3 million to Mahi Pono in a series of installments over four years, starting with an initial $10.0 million payment upon signing the agreement. This development marks a significant step in resolving outstanding financial commitments between the two entities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alexander & Baldwin Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001545654-25-000019), on June 20, 2025, and is solely responsible for the information contained therein.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2545108745"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2545108745\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2545108745?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-21 05:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2545108745","market":"fut","top_or_hot":-1,"title":"Alexander & Baldwin Inc. Finalizes Agreement to Terminate Deal with Mahi Pono, Transfers Assets and Schedules Payments","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Alexander &amp; Baldwin Inc. Finalizes Agreement to Terminate Deal with Mahi Pono, Transfers Assets and Schedules Payments\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Alexander &amp; Baldwin, Inc. (A&amp;B) has announced a significant update regarding its contractual obligations with Mahi Pono Holdings, LLC. On June 17, 2025, A&amp;B entered into a Termination Agreement with Mahi Pono to conclude the remaining rights and obligations under their previous Purchase and Sale Agreement from December 2018. As part of this new agreement, A&amp;B will transfer its 50% ownership interest in East Maui Irrigation Company, LLC and forego a $2.7 million payment. Additionally, A&amp;B has agreed to pay $55.3 million to Mahi Pono in a series of installments over four years, starting with an initial $10.0 million payment upon signing the agreement. This development marks a significant step in resolving outstanding financial commitments between the two entities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alexander &amp; Baldwin Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001545654-25-000019), on June 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alexander & Baldwin Inc. Finalizes Agreement to Terminate Deal with Mahi Pono, Transfers Assets and Schedules Payments</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlexander & Baldwin Inc. Finalizes Agreement to Terminate Deal with Mahi Pono, Transfers Assets and Schedules Payments\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-21 05:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Alexander &amp; Baldwin Inc. Finalizes Agreement to Terminate Deal with Mahi Pono, Transfers Assets and Schedules Payments\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Alexander &amp; Baldwin, Inc. (A&amp;B) has announced a significant update regarding its contractual obligations with Mahi Pono Holdings, LLC. On June 17, 2025, A&amp;B entered into a Termination Agreement with Mahi Pono to conclude the remaining rights and obligations under their previous Purchase and Sale Agreement from December 2018. As part of this new agreement, A&amp;B will transfer its 50% ownership interest in East Maui Irrigation Company, LLC and forego a $2.7 million payment. Additionally, A&amp;B has agreed to pay $55.3 million to Mahi Pono in a series of installments over four years, starting with an initial $10.0 million payment upon signing the agreement. This development marks a significant step in resolving outstanding financial commitments between the two entities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alexander &amp; Baldwin Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001545654-25-000019), on June 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDL58SvbZ:1","article_id":"2545108745","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545108745","pubTimestamp":1750453790,"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":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Alexander & Baldwin, Inc. (A&B) has announced a significant update regarding its contractual obligations with Mahi Pono Holdings, LLC. On June 17, 2025, A&B entered into a Termination Agreement with Mahi Pono to conclude the remaining rights and obligations under their previous Purchase and Sale Agreement from December 2018. As part of this new agreement, A&B will transfer its 50% ownership interest in East Maui Irrigation Company, LLC and forego a $2.7 million payment. Additionally, A&B has agreed to pay $55.3 million to Mahi Pono in a series of installments over four years, starting with an initial $10.0 million payment upon signing the agreement. This development marks a significant step in resolving outstanding financial commitments between the two entities.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Alexander&Baldwin Inc.敲定终止与Mahi Pono交易、转让资产并安排付款的协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALEX":0.9},"content_text":"Alexander & Baldwin Inc. Finalizes Agreement to Terminate Deal with Mahi Pono, Transfers Assets and Schedules Payments\n    \n\n        Alexander & Baldwin, Inc. (A&B) has announced a significant update regarding its contractual obligations with Mahi Pono Holdings, LLC. On June 17, 2025, A&B entered into a Termination Agreement with Mahi Pono to conclude the remaining rights and obligations under their previous Purchase and Sale Agreement from December 2018. As part of this new agreement, A&B will transfer its 50% ownership interest in East Maui Irrigation Company, LLC and forego a $2.7 million payment. Additionally, A&B has agreed to pay $55.3 million to Mahi Pono in a series of installments over four years, starting with an initial $10.0 million payment upon signing the agreement. This development marks a significant step in resolving outstanding financial commitments between the two entities.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alexander & Baldwin Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001545654-25-000019), on June 20, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}