Coolabah Capital Pty Limited entered into a conditional contract to acquire remaining 50% stake in Smarter Money Investments Pty Ltd from Yellow Brick Road Holdings Limited (ASX:YBR) for AUD 7.5 million on July 10, 2019. Under the terms, consideration will be paid in cash such that AUD 5 million will be paid on completion, AUD 2 million will be paid 12 months after completion and AUD 0.5 million will be paid 18 months after completion. Post acquisition, Coolabah Capital Pty Limited will hold 100% stake in Smarter Money Investments Pty Ltd. The transaction is expected to close on July 12, 2019. Coolabah Capital Pty Limited completed the acquisition of remaining 50% stake in Smarter Money Investments Pty Ltd from Yellow Brick Road Holdings Limited (ASX:YBR) on July 12, 2019.