Desmond group sells stake in Barlo

Dermot Desmond's finance vehicle IIU Nominees has sold its remaining stake in radiator and plastics group Barlo for just over €3.8m.

Dermot Desmond's finance vehicle IIU Nominees has sold its remaining stake in radiator and plastics group Barlo for just over €3.8m.

A statement to the stock exchange said eight million shares had been sold yesterday for 48c a share.

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