Posted on 2:36 pm, Thursday, December 4, 2014. Tags: american savings bank, asb, hawaiian electric, hei, helco, meco, nextera
The transaction, which is valued at approximately $4.3 billion, includes the assumption of $1.7 billion in HEI debt and excludes HEI’s banking subsidiary. In connection with the agreement, HEI separately today announced a plan to spin off ASB Hawaii, the parent company of American Savings Bank.
Read the full story
Posted in Business, Energy
Posted on 10:18 pm, Sunday, January 9, 2011. Tags: asb, hei, helco, meco
As a publicly traded company, we have a fiduciary obligation to our shareholders, customers and community to consider any valid proposal to purchase our company. If we receive a formal proposal, we will evaluate it, but we have nothing to date. We were contacted by Mr. Marth for the first time last night by email, […]
Read the full story
Posted in Business, Energy