HONOLULU -- CB Bancshares Inc. said it has made a tentative offer to acquire International Holding Capital Corp., which is in separate negotiations to be bought by Bancorp Hawaii Inc.

CB parent of the $700 million-asset City Bank of Honolulu, said it offered at least $31 a share in cash or stock, totaling $43.4 million.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.