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EDITORIAL: A&B merger is end of isle era

Longtime kamaaina remember an era when the “Big Five” dominated Hawaii — companies born of missionary and sugar-plantation roots that connected not just economy but also myriad aspects of this young state’s evolution, from land use to politics. Of the five, only Alexander &Baldwin remained unsold and uninterrupted in its 155‑year history — but that now changes under a new $2.3 billion merger, the largest commercial real estate deal in Hawaii his…

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The Garden Island broke the news in Hawaii, United States on Saturday, December 13, 2025.
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