YahooSeptember 16, 2026 at 5:22 PM NYLast Month
Hawaiian Electric (HE): Does a $1 Billion Bank IPO Valuation Matter?
Hawaiian Electric Industries, Inc. (NYSE:HE) has a potential valuation benchmark for its retained American Savings Bank investment. IPO terms reported September 9 imply approximately $1 billion of equity value at the midpoint. The proposed offering comprises approximately 7.5 million shares at $15 to $17 each. Hawaiian Electric Industries, Inc. (NYSE:HE) sold 90.1% of the bank […]
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