Commonwealth bank of australia secured all regulatory approvals for the sale of a 55% stake in colonial first state to investment company kkr. One of the largest financial services transactions of 2026 is taking shape, with global private equity powerhouse kkr and australia’s commonwealth bank (cba) exploring. The deal is slated for completion on dec.
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The cba has agreed to sell 55% of the superannuation and investment fund company ‘colonial first state’ to kkr, a us private equity firm. Colonial first state employees are in line for a $208 million windfall should the wealth management owners, commonwealth bank and private equity firm kkr, land a sale of. Cba today announced the sale of a 55 per cent interest in colonial first state (cfs) to kkr has completed.
Now kkr’s australia and new zealand private equity head david lang is opting to move on from a number of the firm’s former investments, including laser clinics australia, and.
It’s anticipated the soft soundings, or limited due diligence and engagement with. You should read the relevant product disclosure statement and assess whether the information is. It does not take into account your individual objectives, financial situation or needs. Cup) notes the announcement made earlier today that the commonwealth bank of australia (cba) has entered into an agreement to sell a 55% interest.
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