Patrick Drahi
Sotheby’s new fee structure is a highwire act of risk and reward
Auction house’s bold changes that favour buyers could bolster profits—or they could backfire
Sotheby’s UK profits dropped by almost a quarter last year amid 'Brexit red tape'
An auction house spokesperson says Companies House figures do not represent full scope of business
Cache of leaked documents reveal Sotheby's owner Patrick Drahi’s $750m art collection—and his tax affairs
Billionaire businessman has amassed a treasure trove of more than 200 prime works of art, many bought through his auction house
Pensioners revolt: Patrick Drahi winds up Sotheby’s ‘defined benefit’ pension plan, and former employees are not happy
Ex-staff are now considering legal action, claiming they were not kept informed of changes to the scheme
Sotheby’s reportedly selects Goldman Sachs Group and Morgan Stanley to pursue IPO at around $5bn
The auction house, which had been publicly traded for decades before being bought by Patrick Drahi for $3.7bn in 2019, could return to public trading later this year
Sotheby’s owner Patrick Drahi reportedly considering taking auction house public
Drahi bought Sotheby’s less than three years ago, took it private and began implementing a series of cost-cutting measures
Sotheby's owner Patrick Drahi buys £2.2bn majority stake in BT
The cost-cutting French telecommunications billionaire has formed Altice UK to buy a 12.1% stake in the company
Allan Schwartzman leaves Sotheby's following restructuring under new ownership
The co-founder of Art Agency, Partners will transition to a consultant role as Nina del Rio takes the helm of the auction house's advisory services
Sotheby's new owner Patrick Drahi comes to auction house's first sale in post-Brexit Britain
“No fireworks” at last night's Impressionist, Modern and Surrealist art auction that featured three restituted works
Sotheby's replaces Tad Smith with Charles F. Stewart as chief executive
Smith leaves after four and a half years with a $28.2m severance deal, including $16.9m in shares, and will remain as a senior adviser to Stewart
Sotheby’s shareholders approve $3.7bn sale to telecoms tycoon Patrick Drahi
With 91% of shareholders in favour, the publicly traded auction house will officially go private after three decades on the New York Stock Exchange
Fourth Sotheby’s shareholder files lawsuit in bid to block $3.7bn sale to Patrick Drahi
Auction house says such litigation is “routine in the US”, with deal expected to be completed by the end of the year
Brexit contributes to 10% drop in sales at Sotheby’s in first half of 2019
Sale to telecoms magnate Patrick Drahi looks set to go ahead as firm makes up for a loss in revenue through increased commissions and more efficient guarantees
Two shareholders seek to block Sotheby’s purchase by BidFair
Lawsuits argue that information filed to the SEC is inadequate