Hints and tips:
...The deal’s prospectus notes that Sotheby’s Financial was founded back in 1988 to enable “its clients worldwide to unlock liquidity in fine art, luxury items, and other collectibles through financing solutions...
...He was Sotheby’s top salesperson for private transactions worldwide for the past three years, the auction house said....
...As for the contest for the company’s assets, MFN’s bankruptcy financing to fund Yellow’s auction is already looking prescient....
...But if the M&A deals of the 1980s were a demonstration of Japan Inc’s ambitions to take on the world, corporate executives say today’s overseas rush is driven by the need to find new revenue outside their...
...“A lively ecommerce platform connecting hundreds of millions of buyers and sellers worldwide, with an emphasis on used, liquidation, and refurbished goods.”...
...Hot on his heels was Jean-Michel Basquiat, an artist whose spot in the pantheon of art history is now cemented and whose popularity worldwide gives weight to the wider re-evaluation of street culture and...
...Together the pair embarked on a marathon auction process to take the company out of Chapter 11 administration....
...It has all the makings of a good drama as well-connected billionaire Martin Bouygues faces off against an American private equity firm in the auction....
...Louise Williamson, an associate in the art team at Withers Worldwide, said her law firm had seen surging NFT interest from a range of clients....
...Worldwide, regulators are experiencing seller’s remorse for approving deals that allowed tech giants to neutralise competitive threats....
...George Gordon, Sotheby's co-chairman of Old Master paintings worldwide, said the work was completed at the start of a prolific phase of portrait painting, as Rembrandt secured a string of commissions from...
...has seen demand from Asia’s buyers grow significantly — most notably in the run-up to 2011, when the art economist Clare McAndrew found that China overtook the US as the largest international art market worldwide...
...Yet prices came down dramatically during the Premier League rights auction in February as BT’s hunger for the best rights eased....
...Sports broadcasting rights contracts worldwide totalled $49.5bn in 2018, according to SportBusiness Consulting....
...“As a result of the auction, collectors worldwide discovered a type of Vacheron Constantin that many people never knew existed,” he says....
...He added: “Moral and ethical considerations related to the preservation and protection of cultural rights and properties worldwide have clearly been sidelined.”...
...“It sounds arrogant but we chose Federated because they asked the right questions,” he says of the auction ultimately won by the Pittsburgh-based manager....
...In 2017, its worldwide jewellery sales were $551m and $55.4m for watches, or 11 per cent of $5.5bn total sales....
...In 2013, the company offered investors the chance to sell their interest in Freedom Group after an auction process fizzled out....
...“It is weird that about 99 per cent of public companies that change hands in terms of control, change in an auction presided over by an investment banker,” Mr Munger said, in characteristically droll remarks...
...However, Sotheby’s said on its earnings call that auction commission margins should see “meaningful improvement” in the fourth quarter....
...“The worldwide market for art is not perfect, but I would definitely characterise it as starting to show signs of strengthening,” he added....
...For the second year in a row, renewable energy accounted for more than half the new power generation capacity added worldwide....
...Chwast was introduced to the glories of Art Deco through the Jacques Doucet furniture consigned to auction by his heirs in 1972. Until then, he had favoured Art Nouveau and symbolist painting....
...This is part of a worldwide trend — 2.1m fewer watches were sold from January to August 2016 than the year before....
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