Aug 2 (Reuters) - Commonwealth Bank Of Australia CBA.AX :
* ANNOUNCES COMPLETION OF DIVESTMENT OF CFSGAM
* TRANSACTION IS EXPECTED TO DELIVER AN INCREASE OF APPROXIMATELY $3.1 BILLION OF COMMON EQUITY TIER 1 (CET1) CAPITAL
* FINAL SALE PROCEEDS ARE $4.2 BILLION
* DEAL EXPECTED TO RESULT IN PRO FORMA UPLIFT TO GROUP'S CET1 RATIO OF 68 BASIS POINTS ON AN APRA BASIS