CBA sells 55% stake in unit Colonial First State to KKR for $1.1 bln
Commonwealth Bank of Australia
said on Wednesday it will sell a 55% stake in unit Colonial
First State to private equity firm KKR for A$1.7 billion
($1.10 billion), in line with plans to focus on its core banking
operations.
said on Wednesday it will sell a 55% stake in unit Colonial
First State to private equity firm KKR for A$1.7 billion
($1.10 billion), in line with plans to focus on its core banking
operations.
Posted by Reuters
