Can SBS Be Swayed By Bluestone?

0

In the idyllic village of Tortola in the British Virgin Islands, steps from the Inner Harbour, sits an unsuspecting two-story structure with a pharmacy on the lower floor and offices on the second floor.


Taking space inside those offices in Vanterpool Plaza is Bluestone Financial Ltd., an investor group that controls an e-commerce platform acquired in October 2012. The digital Amazon-like website has its sights on U.S. Hispanics and Latin American consumers.

Now, Bluestone has its sights on some key Spanish Broadcasting System assets, thanks to a big increase in its stake in the Miami-based company controlled by Raul Alarcón Jr. But, it’s nothing new for Bluestone and the man who seeks more profits for that online platform.

Please Login to view this premium content. (Not a member? Join Today!)