Desmond raises One51 stake
The billionaire financier Dermot Desmond is understood to have increased his stake in One51 further last week, as shares in the business continued to change hands for between €1.80 and €1.85.
The move pushed Desmond’s investment vehicle IIU’s holding in the waste-to-plastics business above 20 per cent, but not significantly so.
Desmond moved two weeks ago to acquire more shares in One51 after CapVest, a European private equity firm led by Cavan...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures