Whatever the conclusion of this saga, CVC (the private equity group that controls Formula One Group), NewsCorp, Carlos Slim Helu, and Ferrari declined to comment, reported Reuters.
Once again Gilinski applied the true and proven formula that had worked so well with BCCI: restructuring Banco de Colombia in private equity fashion and then progressively selling their stake.
In an innovative twist on the traditional e-commerce formula, Light in the Box leverages those Chinese factories to churn out lower-cost private label products made precisely to customer specifications.