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Briatore confirms Mercedes in frame for Alpine stake
Mar.14 Flavio Briatore has confirmed that Mercedes is among the leading candidates to acquire the 24 percent Alpine shareholding being offloaded by American hedge fund Otro Capital, adding that three or four potential buyers are currently in the frame. The colourful Italian executive, speaking in Shanghai, was careful to draw a distinction between the Mercedes works team and its figurehead Toto Wolff, who had been linked personally with the stake. 'I know it's a negotiation with Mercedes, not with Toto,' said Briatore, Alpine advisor, amid speculation Wolff had become personally interested in the stake in direct competition with his former nemesis Christian Horner. 'We have no...
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6mo ago from OneStopStrategy.com
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