Wednesday 21 March 2018

Desmond Jr takes stake in Milestone

Nick Webb

Nick Webb

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.

Sunday Independent

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