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...Qatar has been interested in auction houses in the past....
...The South Korean semiconductor companies typically bundle used equipment into packages before selling them to dealers who put them up for sale at auctions....
...AEG and Eventim declined to comment....
...April’s Hong Kong sales totals for Modern and contemporary art at Sotheby’s and Poly Auction were down considerably this year....
...After taking the keys to the auction house, Drahi then layered on hundreds of millions of dollars more debt by mortgaging off Sotheby’s trophy properties in London and New York....
...At auction, results were flattered by a surge in luxury goods and celebrity sales as the tumultuous geopolitical backdrop and general economic malaise took their toll in other categories....
...Walk into Sotheby’s or Christie’s and you enter a world that exudes exclusivity and wealth. That holds true for the clientele. Harsher financial realities apply to the auction houses themselves....
...That is the strength of auction houses, and the competitive edge they ultimately hold over other brokers. Auction houses can, and often do, offer both options to collectors wanting to sell....
...Sotheby’s brought in Martin and his previous company, Orion Analytical, after it found a painting that the auction house had sold privately as by Frans Hals for £8.4mn was a modern forgery....
...Evidence presented at trial shone a light into the internal workings of the auction house, where private transactions are brokered between affluent clients and discretion is tantamount....
...Valette worked with Bouvier and the sellers, who had purchased the painting at auction for about $10,000 and restored it....
...auction houses and the world’s richest collectors in secret....
...In a statement after Friday’s testimony the auction house said: “Throughout Mr Rybolovlev’s testimony, it was patently clear that, as a self-made billionaire with a diverse and expansive network of interests...
...Sotheby’s has already raised expectations — its March 6 auction will be Gilot’s first appearance in a major sale in London or New York, confirms Thomas Boyd-Bowman, Sotheby’s head of Impressionist and Modern...
...And while most such collections take the auction route today, this is not the case here....
...US Steel shareholders will receive a takeover price more than double the company’s trading value prior to an auction launched this summer. However, closing the deal may prove tricky....
...Auction sales of art made since 2000 fell by 17 per cent last year, according to the Hiscox Artist Top 100 report, published this week....
...This marked the second-highest price ever for a car at auction and was sold through RM Sotheby’s, 75 per cent owned by the auction house....
...Sotheby’s Real Estate was spun off from the auction house — the venue for Azar’s launch party — in 1976....
...Mobile carriers such as Verizon, AT&T and T-Mobile promised that 5G networks would transform our lives. Auctions for bandwidth hit a record in 2021 when Verizon bid more than $45bn....
...Its value depends on how costly and perishable the cargo is and an auction discriminates efficiently and openly....
...Hertz’s majority owners, two little-known private equity firms called Knighthead Capital and Certares, had made two bold bets after their $2bn equity investment won the auction to bring Hertz out of bankruptcy...
...It comes to auction on December 6 and has a third-party guarantee....
...In a recent building auction she was running, she recalled, she kept a cast of mostly male billionaires and big developers cooling their heels....
...A lawsuit launched by Rybolovlev against Sotheby’s, the auction house, is not part of the settlement....
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