BREAKFAST DEALS: Macquarie's mortgage tiptoe

Macquarie throws more dosh at lender Yellow Brick Road, while GPT Group is reportedly interested in Colonial First State.

Macquarie Group has snapped up a larger stake in mortgage lender Yellow Brick Road as Commonwealth Bank appoints investment banks for its property platform. Meanwhile, Seven Group and Carlyle Group are holding Coates Hire for the meantime, Fortescue Metals Group is taking its time to sell a minority stake in its infrastructure and the slumping coal price is putting up questions at more players than just Nathan Tinkler.

Macquarie Group, Yellow Brick Road

Investment bank Macquarie Group is throwing a little extra into mortgage lender Yellow Brick Road as YBR's chairman Mark Bouris tries to pinch some business off the big four.



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