Desmond's Barlo stake nears 17%

Dermot Desmond has upped his stake in plastics and radiator manufacturing group Barlo to just under 17%.

Desmond's Barlo stake nears 17%

Dermot Desmond has upped his stake in plastics and radiator manufacturing group Barlo to just under 17%.

Desmond's investment vehicle IIU bought 3.079 million shares at 42c per share yesterday, according to the Irish stock exchange.

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