Financial News

Sotheby’s snapped up by French tycoon Drahi for US$3.7 billion

PARIS/BOSTON: Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby’s in a deal worth US$3.7 billion, marking the art auction house’s return to private ownership after 31 years. The acquisition allows Drahi to join French billionaire Francois …

Exit mobile version
Skip to toolbar