Region. Acquisition of Yellow Brick Road

ITS Capital Investments plans to acquire Yellow Brick Road Wealth Management, which has seven branches in Western Sydney, in return for up to 99.3 ITS shares, subject to shareholder approval and the completion of a public capital raising. Mark Bouris, of Wizard Homes, established YBR in 2007.

Auburn. Acquisition of all shares

The Auburn-based industrial equipment hirer, Tutt Bryant Group Ltd, said its 70 per cent shareholder Tat Hong Holdings Ltd, a Hong Kong-based investment holding company, is moving to acquire all the shares in the company that it does not already own. Independent directors have urged shareholders to accept the bid and have accepted the offer.