Bank of Hawaii Completes Sale of Operations in Papua New Guinea and Vanuatu to ANZ
The approximately $50 million purchase transaction for all three regions includes total assets of about $180 million. The sale of the operations is part of Bank of Hawaii's earlier announced strategic plan, which focuses its business on core markets, primarily Hawaii, the West Pacific and American Samoa.
Pacific Century Financial Corporation (NYSE: BOH) is headquartered in Honolulu, Hawaii, with total assets of approximately $11.9 billion as of September 30, 2001.
CONTACT: Pacific Century Financial Corporation Media Inquiries Stafford Kiguchi, 808/537-8580 or 877/849-5423 (pager) email@example.com Investor/Analyst Inquiries Cindy Wyrick, 808/537-8430 or ANZ Group Media Relations Paul Edwards, 03-9273 6955 or 0409-655 550 (mobile) firstname.lastname@example.org URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire. All rights reserved.