Herbert Smith Freehills advises CBA on the sale of Commonwealth Private’s personal advice business

The transaction is being led by corporate M&A partner Amelia Morgan, supported by solicitor Nini Lu, senior associate Ting Fan and solicitor Ella Blythe. The team is also being supported by a number of specialist HSF lawyers, including partner Fiona Smedley, special counsel Ewan MacDonald and senior associate Mark Khouri.

The Herbert Smith Freehills team is working closely with CBA’s M&A legal team, including Kirsty Cox, CBA’s General Manager Corporate and Treasury Legal, and Senior Legal Counsels Cecilia Cobb, Sue Yim, William House and Michael Ting.

Amelia Morgan commented, “It has been a pleasure to work with the CBA team again on this important transaction, which aligns with CBA’s strategy to focus on expanding its private banking services. We are looking forward to the next stage of the transaction as the parties work towards completion.”

Completion of the proposed transaction is currently anticipated to occur by mid-2025