IIU has 11.1% of Greencore

Financier Mr Dermot Desmond has continued to build a substantial stake in the Greencore food group, with the latest disclosure…

Financier Mr Dermot Desmond has continued to build a substantial stake in the Greencore food group, with the latest disclosure showing that Mr Desmond's IIU investment company now owns 11.1 per cent of the total equity, up from 10.3 per cent. This indicates that Mr Desmond has bought about 1.5 million Greencore shares in the past three weeks.