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Macquarie Group sells down in Yellow Brick Road, Brierley's Mercantile emerges

Joyce Moullakis
Joyce MoullakisSenior Reporter
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Macquarie Group has sold down its holding in Mark Bouris-led Yellow Brick Road, with Ron Brierley's Mercantile Investment Company emerging as a big force on the register.

In a notice to the ASX on Tuesday, Macquarie said its holding in mortgage and wealth management group Yellow Brick Road dropped to 7.8 per cent from 18.4 per cent previously.

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Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au
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    Original URL: https://www.afr.com/companies/financial-services/macquarie-group-sells-down-in-yellow-brick-road-brierleys-mercantile-emerges-20180424-h0z6uo