Breuer Building, 945, Madison Avenue, Upper East Side, Manhattan, New York County, New York, 10021, United StatesSotheby's
已确认可信度 89%The Art Newspaper's[1] story carries an update stating 'On 30 October 2024, Sotheby's confirmed that this deal had successfully closed', after having reported the transaction as 'expected to close before the end of the year' when announced on 9 August 2024.
Abu Dhabi sovereign wealth fund ADQ completed a deal to buy newly issued Sotheby's shares alongside fresh capital from majority owner Patrick Drahi, together about $1 billion, mostly used to cut the auction house's debt.
Breuer Building, 945, Madison Avenue, Upper East Side, Manhattan, New York County, New York, 10021, United StatesSotheby's
已确认可信度 90%ARTnews[2] reported the reversal 'In a letter sent to clients on Thursday' (19 December 2024); The Art Newspaper's[1] account, published the same day, gives the new terms as taking effect '17 February 2025'.
Sotheby's told clients it was scrapping the streamlined buyer's-premium and flat seller's-commission structure it had rolled out in May, reverting from 17 February 2025 to bespoke seller terms and a tiered buyer's premium of 15% to 27% of the hammer price.