Desmond Jr takes stake in Milestone
Published 28/11/2010 | 05:00
Billionaire Dermot Desmond's son Brett is following in his father's footsteps becoming a player on the stock markets, having taken a stake in AIM listed media firm Milestone Group.
Stockbroker Desmond, who is married to former pop star Andrea Corr, now holds a near 10 per cent stake in the media sales firm after a share placement last week. The shares are held through Desmond's investment vehicle IIU Nominees.