Desmond increases stake in Barlo

Dermot Desmond's investment vehicle Bottin International Investments, has increased its stake in radiator and plastics group Barlo following the purchase of an additional 1.2 million shares for €0.39 a share.

On Wednesday Bottin bought just under 1.3 million shares, also at €0.39 each and Bottin now has a 6.3% holding in the company.