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Recent Deals / 15.08.2019

Divestment by Commonwealth Bank of Australia of First State Investments

Waselius & Wist represented Commonwealth Bank of Australia (CBA) and First State Investments (FSI) in Finnish regulatory filings and approvals relating to the divestment by CBA of leading global asset manager, Colonial First State Global Asset Management (CFSGAM) to Mitsubishi UFJ Trust and Banking Corporation. Since its inception in 1988, CFSGAM, known as First State Investments outside of Australia, has evolved into a global investment management business with funds under management of USD 155.1 billion. In Finland, the assets managed by FSI include the infrastructure asset Caruna.

Value: USD 2.7 billion

Lawyers involved:

Tuurna