20th/21st Century: London Evening Sale and A Place With No Name

LONDON – Christie’s 20/21 October Season includes two Evening Sales presented on 13 October – 20th / 21st Century: London Evening Sale and A Place With No Name: Works from the Sina Jina Collection. These are followed by the Post-War and Contemporary Art Day Sale on 14 October, First Open: Post-War and Contemporary Art Online, the online-only sale taking place from 4 to 18 October 2022 and No Regrets: The Collector’s Edition, live for bidding from 5 to 19 October. Katharine Arnold, Head of Post-War and Contemporary Art, Europe: “This October, Christie’s presents a season defined by the greatest British painters who are offered alongside the very best contemporary names. A Place With No Name: Works from the Sina Jina Collection is the most significant collection of contemporary African Art to come to the market. Driven by a desire to support arts and environmental charities, Robert Devereux will donate 20% of the proceeds from the sale to The African Arts Trust who in turn will distribute the funds to Gasworks, The Africa Centre, Lamu Environment Fund and Bët Bi. Continuing charitable collaborations, Tracey Emin is offering her painting Like a Cloud of Blood, which is being sold by the artist to raise funds for her pioneering artist complex in Margate. Our two Evening Sales reflect the vibrancy of London’s art world as we welcome the global collecting community back to our Headquarters to coincide with Frieze Week.”

Catella takes further steps towards a simplified structure through the return of the banking license and sale

As previously communicated, a decision on the withdrawal of authorization as a credit institution from the ECB was expected at the end of 2021. This decision was received during the fourth quarter of 2021 and means that Catella is no longer under supervision as a credit institution.Furthermore, in reference to the press release distributed on 2020-06-10, Catella has used the right to sell the remaining 30 percent of the shares in Catella Fondförvaltning AB for SEK 60 million to Athanase. “I am pleased that we have taken additional steps on our journey towards a real estate focused company. Looking ahead we can fully allocate our resources to developing and growing our three business areas: Catella’s market leading Corporate Finance advisory services, Property Investment Management with assets under management of SEK 112 billion, and our own Principal Investments of SEK 800 million in development projects across Europe” says Christoffer Abramson, CEO at Catella.

Christies: Post-War and Contemporary Art Day Sale

London – The Post-War and Contemporary Art Day Sale realised a total of £16,158,250, over two times the low estimate, selling 93% by lot and 94% by value, and was led by Yayoi Kusama’s My Life (2014), which more than doubled its pre-sale estimate to sell for £1,222,500. The sale was highlighted by the rising stars of contemporary art, opening with spirited bidding, which delivered above estimate results for Hurvin Anderson’s Girl in a Tree (record in the medium for a work on paper: £387,500), Amoako Boafo’s Portrait (£181,250), Chantalle Joffe’s Night Self-Portrait in a Red Dress (record: £75,000), Tunji Adeniyi-Jones, Red Twins II (£150,000), Claire Tabouret’s Les Diadèmes (Rose et Bleu) (£112,500), Salman Toor’s Untitled (Woman) (£237,500) and Caroline Walker’s Dividing Lines (record: £81,250). Ewa Juszkiewicz’s Grove (2014) sold for more than 12 times its high estimate, realising a new world auction record for the artist (£437,500). Artists, gallerists and collectors generously donated works to benefit the children’s charity Rays of Sunshine, achieving a total to date of £2,036,000. The group was led by Flora Yukhnovich’s Puits d’amour (Wells of Love), with 18 phone bidders competing for 10 minutes to chase the final price to £910,500 against an estimate of £20,000-30,000, the second highest price in the Day Sale. France-Lise McGurn’s Goya Eyes sold for a record £87,500, more than five times its high estimate. Notable results were also achieved for Tony Cragg’s Senders (£125,000), Yoshitomo Nara’s TOKIO TOKIO (£250,000), and Caroline Walker’s Study for Laundry Sorting, Morning, December (£81,250). A further 15 lots to benefit Rays of Sunshine are offered in our online only sale First Open: Post-War and Contemporary Art, which is open for bidding until 19 October. Additional highlights include Aboudia’s Untitled (£125,000), André Butzer’s Ganze Mandeln waschen für Vogelfutter (record: £193,750), George Condo’s Untitled (£250,000), Yves Saint Laurent’s Love (record in the medium for a work on paper: £168,500), Harland Miller’s Murder – We’ve All Done It (£325,000), Takashi Murakami’s Thinking Matter (Red) (£598,500), Arnoldo Pomodoro’s Sfera (£300,000), Gerhard Richter’s Abstraktes Bild (£450,000), Cinga Samson’s Bestow: to confer or present (an honour, right, or gift) 4 (£85,000), Chiharu Shiota’s State of Being (Book) (£250,000), Salman Toor’s Nina Q and Nina X with Pearls (£300,000), and Andy Warhol’s Karen Kain (£437,500).First Open Post-War and Contemporary Art remains open for bidding online until 19 October 2021, including Osinachi’s NFT series Different Shades of Water and Stanley Donwood’s six paintings, closely relating to the cover and sleeve art of Radiohead’s Kid A. No Regrets: The Collector’s Edition is also open online until 18 October, with no reserves offered for the 105 works presented in the sale.

Modern British & Irish Art Evening Sale is Now Online for Browsing

LONDON – Christie’s Modern British & Irish Art Evening Sale, taking place on 20 October 2021, is a key auction in the 20th / 21st Century October season, which encompasses sales in both London and Paris. The auction will be led by Sir Winston Churchill’s The Bridge at Aix-en-Provence, which was gifted to the Swiss paint manufacturer, Willy Sax, who supplied Churchill with his artistic materials. Two sculptures by Elisabeth Frink; Lying Down Horse II (1985, £300,000-500,000) and Barking Dog (1981, estimate: £100,000-150,000), commissioned by Kirk and Anne Douglas, will highlight the Evening and Day Sales respectively. A group of three paintings by Samuel John Peploe, including Flowers and Fruits (circa 1920, estimate: £500,000-700,000), are being offered in the year that marks the 150th anniversary of the artist’s birth in Edinburgh. L.S. Lowry’s The Mill, Early Morning (1961, estimate: £500,000-800,000) has not been seen on the market for 50 years and is presented alongside Rising Street (circa 1940, estimate: £500,000-800,000) and Viaduct Works, Manchester (1959, estimate: £400,000-600,0000). Gerald Laing’s Lotus in the Sunset, thought to have been lost, is offered at auction for the first time, highlighting a section dedicated to British Pop Art that also includes works by Patrick Caulfield, Antony Donaldson and Eduardo Paolozzi. Further highlights include a rediscovered Marlow Moss, Spheres and Curved Line (1945, estimate: £40,000-60,000), Barbara Hepworth’s Curved Form with Inner Form (Anima) (1959, estimate: £300,000-500,000), from the Everson Museum of Art, and Jack Butler Yeats’ A Sea Town (1931, estimate: £200,000-300,000), formerly in the collection of B.J. Eastwood.

Picasso Ceramics Sale Now Live for Bidding

London – Picasso Ceramics, an online-only sale of ceramics that exude Pablo Picasso’s celebrated joie de vivre, is live for bidding from 10 – 22 September 2021. Expressed through the artist’s characteristically energetic colours and playful forms, these whimsical works celebrate an unrivalled period in Picasso’s career. Following the uncertainty of the war years, the artist revelled in his newfound zest for life, absorbing and delighting in the light, colour and deep-seated traditions of the South of France which re-energised his work. Highlights include Tarasque (A.R. 247) (1954, estimate: £50,000-80,000) which is executed in a limited edition of 50 examples. The work is based on a fearsome mythological creature found in medieval poetry and illuminated manuscripts. The beast was said to have had poisonous breath that could kill its victims. Picasso exuberantly portrays this mythical beast and includes as the neck of the work a tower with small human figures hiding from the Tarasque’s wrath.Taureau (A.R. 255) (1955, estimate: £60,000-80,000) is another expression of the artist’s ingenious exploration of playful forms at the time. It humorously depicts a sinuous and virile bull, the archetypal figure with whom Picasso identified, and a lively reference to his Spanish heritage.Another coveted work in the sale is the Vase aztèque aux quatre visages (A.R. 402) (1957, estimate: £55,000-75,000), a sophisticated ceramic that imaginatively references Pre-Columbian motifs.This auction follows the hugely successful Picasso Ceramics online sale held at Christie’s New York in May, where 90% of lots sold above high estimate and 3 lots sold above $200,000 hammer. Highlights from the Picasso Ceramics sale will be on view at Christie’s headquarters in London as part of the pre-sale exhibition from 10 to 22 September 2021.

Old Masters Evening Sale

LONDON – Christie’s announces the Old Masters Evening Sale taking place live on 8 July as part of Classic Week. The sale, which comprises 62 lots, presents a rich array of paintings and sculpture, as part of the Classic Week marquee series of auctions taking place from 18 June to 15 July. Encompassing six centuries of European art and sculpture, the Old Masters Evening sale is led by a majestic view of Verona by the prodigiously talented nephew of Canaletto, Bernardo Bellotto (estimate £12,000,000-18,000,000), which has been on long term loan to the National Galleries of Scotland since 1973. The sale also includes two important works from the Dutch Golden Age recently restituted to the heirs of Jacob Lierens: a lavish banqueting scene by Jan Davidsz. de Heem (estimat £3,000,000-5,000,000); and the engaging Merry Company by Dirk Hals and Dirck van Delen (estimate £600,000-1,000,000).Clementine Sinclair, Head of Sale, Old Masters Evening Sale comments, ‘We are pleased to be presenting one of our strongest sales in recent years, comprising a rich array of fresh material with all of the key European schools represented. It stands as a testimony to the resilience and continued strength of the Old Masters market.’London Classic Week comprises a marquee series of nine sales celebrating craftsmanship and the story of creativity across time, from Antiquity to the 21st century, to be offered across two online and seven live auctions taking place from 18 June to 15 July. Classic Week also features The Exceptional Sale, Old Master and British Drawings and Watercolours including a Fine Collection of Old Master Prints; Antiquities; Old Master Paintings and Sculpture online; Valuable Books and Manuscripts; and British and European Art along with two dedicated Collection sales, The B.J. Eastwood Collection: Important Sporting and Irish Pictures and The Collection of Rita Espírito Santo Family and Three European Collections.An exhibition and view for the Classic Week sales will take place at Christie’s King Street from 3 July to 7 July. The exhibition, viewing and live sale will be taking place under socially distanced regulations, strictly adhering to current government guidelines.For all imagery plus the standalone press releases and imagery on Bernardo Bellotto’s majestic View of Verona with the Ponte delle Navi; Jan Davidsz de Heem, a lavish banqueting scene and an engaging Merry Company by Dirck Hals and Dirck van Delen please find a drop box link in the release.

The Arts of the Surreal Evening Sale now Online for Browsing

London – The Art of the Surreal Evening Sale will take place on 23 March 2021, a key auction within Christie’s series of livestream sales that will see collectors convene in London via our livestreamed salerooms in Hong Kong and New York. The 20th edition of this annual sale dedicated to Surrealism and Dada will be led by three works by Max Ernst, René Magritte and Joan Miró from the Collection of Claude Hersaint, who was one of the most important collectors of Surrealist art. Paintings by Miró and Ernst are offered from a second major collection, 20th Century Modern Masters from a Private French Collection. A presentation of six paintings by René Magritte is highlighted by Le monde poétique (1947, estimate: £3,000,000-5,000,000), La découverte du feu (1936, estimate: £2,000,000-3,000,000) and Les jeunes amours (1963, estimate: £2,000,000-3,000,000). Further highlights include Goutte d’eau sur la neige rose (1968, estimate: £3,000,000-5,000,000) by Joan Miró and Francis Picabia’s Baigneuse (circa 1925-26, estimate: £600,000-900,000) as well as Danseuse étoile sur un transatlantique (1913, estimate: £550,000-850,000). The Art of the Surreal Evening Sale brings together the artists that defined one of the most iconic movements of the 20th century, celebrating the diversity and evolution of artists that pioneered new techniques and mediums which had a far reaching influence on the artists working today.

The Sale of Warrior by Jean-Michel Basquiat Poised to Become the Most Valuable Western Artwork Ever Offered in Asia

On 23 March, Christie’s will offer Basquiat’s landmark work, Warrior (estimated at HK$240,000,000-320,000,000 / US$31,000,000-41,000,000), in a live and livestreamed, single-lot evening sale entitled We Are All Warriors – The Basquiat Auction, to be held in Hong Kong as a key element of Christie’s Spring Season of 20th Century sales. The masterpiece, which represents the pinnacle of Basquiat’s creative output, is poised to become the most expensive Western artwork ever offered in Asia.Painted in 1982, at the height of his artistic power, Jean-Michel Basquiat’s Warrior is a commanding and authoritative portrait that amply demonstrates why the artist is regarded as one of the most important painters of the last half century. The work will be offered in a sale format that highlights Basquiat’s international appeal, uniting collectors from different geographies and time zones. The evening of auctions will reflect the dialogue established between two cultural hubs in the London to Paris sale series in October 2020 and the Hong Kong to New York series in December 2020.The forthcoming sale will be a milestone for the Western art market in Asia, speaking to Christie’s continued success in the region. The sale of Warrior follows a record-breaking season of 20th/21st Century Art sales in Hong Kong last December, which showcased the strongest offering of Western artworks to date, and set phenomenal prices fuelled by Asian collectors.

Sale della mostra di Padova con “Van Gogh. Sei quadri, sei storie”

Padova Lunedì 18 gennaio, alle 21 ancora una volta on line, in attesa di poter avere la gioia di confrontarsi da vicino con i colori, il mondo e la vita del grande olandese. I colori della vita”, diretta che chiunque potrà seguire sulla pagina Facebook di Linea d’ombra e sul sito http://www.lineadombra.it. L’appuntamento offrirà un grande racconto dal vivo, intitolato “Van Gogh. Sei quadri, sei storie” e, annuncia il curatore, “la serata sarà molto ricercata anche dal punto di vista realizzativo, con varie telecamere dedicate e luci adeguate alla circostanza, di modo che la qualità della visione sia al più alto livello”. Ho scelto sei quadri compresi nella mostra, accanto ai quali” continua Goldin – parlerò, per raccontare altrettante storie su Van Gogh, la sua vita e la sua opera. I sei quadri sono il sulfureo e meraviglioso “Paesaggio al crepuscolo” dell’autunno 1885 a Nuenen, poche settimane prima di lasciare l’Olanda. Poi il celeberrimo “Autoritratto con cappello di feltro grigio” della fine del 1887 a Parigi, quindi “Il seminatore” del giugno 1888 ad Arles, in mezzo agli assolati campi di grano. Sempre del periodo di Arles, e sempre del 1888, “Il postino Joseph Roulin” mi darà modo di raccontare la storia di una straordinaria amicizia. Del tempo trascorso da Van Gogh nella casa di cura di Saint-Paul-de-Mausole ho scelto il mio quadro preferito dell’intera mostra, il “Paesaggio a Saint-Rémy” del giugno 1889, che è una sinfonia di vento e natura. Infine, a chiudere questa strepitosa galleria, il “Covone sotto un cielo nuvoloso”, uno degli ultimissimi dipinti di Van Gogh, realizzato a Auvers prima della fine di luglio del 1890″. “È un vero dolore per me, conclude Goldin, attraversare le sale vuote da settimane e settimane quando con i restauratori andiamo a controllare lo stato di conservazione dei dipinti e dei disegni. È, quella solitudine dei capolavori, il segno tangibile quant’altri mai del tempo disastroso che stiamo vivendo”.
Appuntamento, quindi, a lunedì 18 gennaio alle 21, ancora una volta on line, in attesa di poter avere la gioia di confrontarsi da vicino con i colori, il mondo e la vita del grande olandese.

Torna Cervia Sapore di Sale

Cervia dal 4 al 6 settembre con anteprima il 3 settembre 2020. Torna anche quest’anno la festa settembrina tutta dedicata al sale di Cervia. Una edizione su tre giorni con grandi protagonisti: sale, tradizione e gastronomia. L’arrivo del bianco carico ( Armesa de Sel) prodotto nella salina Camillone è come sempre un momento di grande emozione al centro della festa, ma l’edizione 2020 porta diverse iniziative particolari. Un programma ricco per festeggiare la tradizione salinara cervese e il sale sotto vari aspetti. “La civiltà salinara ha per la città un valore importantissimo. – Dichiara il sindaco Massimo Medri- Si tratta di una tradizione che ci contraddistingue da secoli. Ci permette di essere unici, ottimizzare e promuovere il nostro territorio caratterizzandone anche l’immagine turistica. Altre realtà mostrano elementi distintivi simili. Con loro stiamo creando una rete per dare rilievo e promuovere al meglio le tradizioni legate al sale e alle saline. Un impegno importante che ci porterà ad essere più forti anche nelle attività e nello sviluppo del territorio. Nel corso degli anni la manifestazione dedicata al sale dolce di Cervia è cresciuta e continua a valorizzare al meglio il prodotto cervese per eccellenza anno dopo anno. Ringrazio tutti coloro che contribuiscono alla realizzazione e alla crescita di questa manifestazione che mostra ogni anno più successo e popolarità.”

Christie’s Presents Eureka! Online Sale

London – Open for bidding from today until 16 July, Eureka! is a journey through the scientific and technological breakthroughs that have formed the modern world, and the brilliant minds that lay behind them. From Thomas Edison’s pioneering design for the lightbulb to Crick and Watson’s celebrated discovery of the structure of DNA, from a Second World War Enigma Machine to the invention of in vitro fertilisation, from Albert Einstein to Stephen Hawking, this online auction provides collectors with an opportunity to acquire a slice of history that has shaped the world we live in. Sophie Hopkins, Christie’s Specialist in Manuscripts and Archives, London, comments, “The Christie’s Books & Manuscripts department has hit upon a winning formula with our online science sales, which routinely attract hundreds of buyers and bidders from across the globe – many of them new to the auction world and to book collecting – all drawn by a carefully curated selection of autograph material, printed books, photographs and association objects from the most brilliant scientific minds of the modern age. For this sixth iteration in our hugely successful series, we are delighted to offer rare items from revolutionary thinkers of the 20th century – from Albert Einstein to Richard Feynman and another engaging tranche of material from the personal collection of Professor Stephen Hawking, this sale is a rare opportunity to acquire a range of unique items chronicling brilliant minds’ lives and their visionary work.”

Impressionist and Modern Art Evening Sale

London – Christie’s Impressionist and Modern Art Evening Sale will be followed by The Art of the Surreal Evening Sale, together launching ‘20th Century at Christie’s’ on 5 February 2020. Tamara de Lempicka’s Portrait de Marjorie Ferry (1932, estimate: £8,000,000-12,000,000) and Alberto Giacometti’s Trois hommes qui marchent (Grand plateau) (1948, estimate: £8,000,000-12,0000,000, illustrated above, right) will both lead the Impressionist and Modern Art Evening Sale. Further highlights include George Grosz’s politically charged Gefährliche Straße (1918, estimate: £4,500,000-6,500,000), which has remained in a private collection for 50 years and will appear at auction for the first time. A group of three still lifes by Pablo Picasso demonstrate his career-long dedication to evolving the genre with exceptional examples from the 1940s, 50s and 60s: La cafetière (1943, estimate; £1,000,000-1,500,000); Intérieur au pot de fleurs (1953, estimate: £7,000,000-10,000,000, illustrated above, left) and Nature morte au chien (1962, estimate: £4,000,000-6,000,000). Works on paper by Gino Severini, Egon Schiele, Paul Klee, Picasso and Max Ernst provide intimate insight into key artists of the 20th century. The Day and Works on Paper sales will follow on 6 February together with the online-only sale dedicated to Picasso Ceramics, which is open for bidding from 30 January to 7 February 2020. The works will be on view in the King Street galleries from 30 January to 5 February 2020.

Graycliff Partners Announces Sale of HarperLove

Graycliff Partners LP today announced the sale of HarperLove Holdings, LLC, a Charlotte, NC-based provider of specialty chemicals and services, to HBM Holdings Company. For over 40 years, HarperLove has worked with packaging manufacturers to provide a suite of additive solutions that impart unique physical attributes to corrugated and paper-based products.Since acquiring HarperLove in 2014, Graycliff recruited a best-in-class senior management team, embarked on a series of successful growth initiatives and improved margins through vertical integration – more than doubling profitability.
“We are immensely proud of all that we have accomplished at HarperLove,” said Will Henderson, Managing Director at Graycliff. “It’s been a pleasure working with the team and we wish them the best going forward.”Duke Punhong, Graycliff Managing Partner, commented, “HarperLove’s technical and service-oriented expertise has made it a valuable partner to its customers. The team has done a tremendous job of expanding the company’s industry leading position.”
“Graycliff has been an outstanding partner for HarperLove,” said Alan Clark, HarperLove CEO. “Our considerable success over the past five years has been aided by Graycliff’s support and guidance. We look forward to continued success as part of the HBM portfolio.”
In December 2019, Graycliff announced the final closing of its latest buyout fund, Graycliff Private Equity Partners IV LP (GPEP IV), at its hard cap of $350 million in limited partner commitments. GPEP IV will continue Graycliff’s strategy of making control buyout investments in lower middle market companies, with a focus on partnering with founder and family-owned businesses in the manufacturing, business services, and value-added distribution sectors.Piper Jaffray & Co. served as the exclusive financial advisor for Graycliff Partners and HarperLove.

Sale of Bionomics’ French Subsidiaries to Domain Therapeutics

Bionomics Limited (ASX:BNO, OTCQB:BNOEF), a global, clinical stage biopharmaceutical company leveraging proprietary platform technologies to discover and develop a deep pipeline of novel drug candidates targeting ion channels, is pleased to announce that the Company has accepted an offer from Domain Therapeutics (“Domain”) for its two wholly owned subsidiaries, Neurofit SAS (“Neurofit”) and PC SAS “(“Prestwick Chemical”), which operate as contract research companies in France.The sale price of €1,810,028.97 is the amount of intercompany debt owed by Bionomics to the subsidiaries for the scientific research conducted by them on Bionomics drug candidates and this debt will be assumed by Domain upon acquisition of the Companies.
“We are pleased with the outcome of the sale of our French subsidiaries which is part of our ongoing cost reduction process, consolidation of our operations in Adelaide and focus on the clinical development of BNC210 for post-traumatic stress disorder,” said Dr. Errol De Souza, Executive Chairman of Bionomics. “We thank Neurofit and Prestwick Chemical for their key contributions to our previous research efforts resulting in several development candidates including our collaboration assets with Merck and our out-licensing assets in other ion channel programs.” The offer from Domain is subject to satisfaction of a number of conditions precedent, including entering into definitive contractual documentation satisfactory to both parties and regulatory approval. Subject to satisfaction of the conditions precedent, the parties anticipate being in a position to complete the transaction on or about 31 January 2020.

ThinkPad Anniversary Sale starts October 7 in U.S. and Canada

Lenovo ThinkPad turns 27 this year. But please, no gifts! We’re turning the tables and marking the 27th anniversary of the launch of the legendary ThinkPad brand by giving customers the best gift of all: deep discounts on EVERY ThinkPad we sell. The annual ThinkPad Anniversary Sale is the best time to buy a new ThinkPad laptop.From Oct. 7 to Oct. 13, lenovo.com shoppers across the U.S. and Canada will save 40% or more on sleek X Series ultraportables, flexible laptop/tablet 2-in-1s, and business-ready T Series models and all other ThinkPads. We’ll also offer discounts on our popular ThinkCentre desktop PCs and ThinkStation workstations, along with other special deals.

3rd Christie’s Middle Eastern Art Sale in London

Dubai / London – Christie’s third ‘Middle Eastern Modern & Contemporary Art’ auction to be held outside of Dubai will take place on 23 October and is included as part of the rich and traditional Islamic Art Week in London. Around ninety works of Middle Eastern art have been consigned from around the globe, including Los Angeles, New York, London, Dubai, Paris, Beirut, Buenos Aires, Milan, Perth and Casablanca, among others. The auction is mainly focused on modern Arab and Iranian works, with an emphasis on contemporary practice. Strong modern artists from the region include Louay Kayyali and Fateh Moudarres (Syrian), Manoucher Yektai (Iranian), Ismail Shammout (Palestinian), as well as strong selection of modern female artists, including Bibi Zogbé (Lebanense), Chaïbia Talal (Moroccan), Monir Shahroudy Farmanfarmaian (Iranian), Zeinab Abd El Hamid (Egyptian) and Tahia Halim (Egyptian). Contemporary artists include Farhad Moshiri, Ali Banisadr, Reza Derakshani and Hadieh Shafie (Iranian) and Marwan Sahmarani (Lebanese).“A diversity of mediums, subject matter, geographies, and sale estimates characterise Christie’s third Middle East art sale in London, providing a global platform for art and artists from this ever-evolving region,” said Hala Khayat, Christie’s Director and Head of Sale in the Middle East. “From masterworks by some of Iran, Egypt, and Syria’s most celebrated artists to contemporary pieces from emerging talents, there is something compelling for every collector.”A work by the late Monir Shahroudy Farmanfarmaian (1924-2019 – illustrated above), one of Iran’s most celebrated artists who passed away earlier this year, will highlight the auction. Executed in 2008, Untitled (Faravahar Wings, Zarathustra) is a beautiful and rare masterpiece inspired by the wings of Faravahar, one of the most common symbols of the ancient religion of Zoroastrianism. Kaleidoscopic in its magnificent form, the work depicts a series of triangular mirrors that reflects light in every direction, touching upon the concept of the fravashi, which is part of the human soul acting as a divine blessing and entirely good. Standing in front of the work, the viewer can admire the abstracted and simplified version of the Faravahar, as Farmanfarmaian has broken it down to its foundational essence (estimate: £240,000-400,000). The inclusion of Farmanfarmaian’s piece in the auction coincides with major exhibitions of her work this year at the Sharjah Art Foundation and the Museum of Contemporary Art, Chicago. In 2017 a dedicated museum to the artist opened in Tehran.

Newegg Announces its Fifth Annual FantasTech Sale

Newegg, the leading tech-focused e-retailer in North America, today unveiled details of its upcoming FantasTech sale. Now in its fifth year, FantasTech offers some of the best deals on tech, with additional incentives for customers to shop early and shop often to secure the deepest discounts.July has become a popular time to shop online, with customers drawn to promotions from various online retailers. And while many e-retailers cast a wide net to attract a broad segment of shoppers, Newegg is doubling down on what it does best – delivering the best deals on the best tech around.“We’re already known as one of the best places to shop for tech online, and this year’s FantasTech sale builds on that reputation with even deeper discounts on some of the latest and greatest tech: PCs, gaming laptops, components, monitors, TVs – you name it, we have great deals on the products most sought-after by tech enthusiasts,” said Anthony Chow, Newegg President Global Sales.Newegg’s 2019 FantasTech sale kicks off July 8 and extends through July 18, lasting nearly three times as long compared to prior years.

Impressionist and Modern Art Evening Sale

London Christie’s Impressionist and Modern Art Evening Sale will take place on 18 June 2019, part of ‘20th Century at Christie’s’, a series of auctions taking place from 17 to 26 June 2019. Fernand Léger’s Femme dans un fauteuil (1913, estimate on request, illustrated above) and Picasso’s Homme et femme (1968, estimate: £10,000,000-15,000,000) will lead the auction, both offering radical visions of the female form as the artists pushed the boundaries of representation during the 20th century. The Landscape of a Mind: A Private Collector’s Surreal Vision, a group of 13 Dada and Surrealist works, will include paintings by Yves Tanguy and René Magritte as well as a major drawing by Salvador Dalí. Henri Matisse’s Le collier d’ambre (1937, estimate: £5,000,000-8,000,000) is a further highlight. An odalisque painting, it is amongst the most rigorously designed and strikingly orchestrated compositions Matisse painted after the First World War. Henri Laurens’s Homme à la pipe (1919, estimate: £700,000-1,000,000) and Otto Dix’s Soldat mit Tabakspfeife (1918, estimate: £500,000-800,000) are both presented to the market for the first time since the early 1960s when they were separately acquired for private collections. The sale consists of 34 works, many of which have been in revered private collections for many years and are being offered at auction for the first time. All works will be exhibited in the King Street galleries, London, from 13 to 18 June 2019.

NRG Closes on Sale of its South Central Business

NRG Energy, Inc. (NYSE:NRG) has closed on the previously announced sale of NRG South Central Generating LLC (South Central) to Cleco Corporate Holdings LLC (Cleco) for $1 billion in cash, prior to adjustments pursuant to the terms of the Purchase and Sale Agreement entered into on February 7, 2018.“The closing of the South Central transaction marks the achievement of yet another fundamental milestone in our transformation,” said Mauricio Gutierrez, President and Chief Executive Officer, NRG. “With the majority of our asset sales program complete, we continue to focus on capital allocation, cost excellence and margin enhancement across our businesses.”

H.I.G. Capital Announces the Sale of ACG Materials

H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with $30 billion of equity capital under management, is pleased to announce the sale of its portfolio company, ACG Materials (“ACG” or the “Company”) for approximately $315 million, to Arcosa, Inc. (NYSE: ACA) (“Arcosa”), a manufacturer of infrastructure-related products and services.
ACG Materials, based in Norman, Oklahoma, mines, processes, and distributes industrial minerals and aggregates including gypsum, anhydrite, limestone, sand, gravel, basalt and downstream food, pharmaceutical, prill and plaster products across a diverse set of end markets including building products, energy, infrastructure, and agriculture.H.I.G. recapitalized the Company in December 2012, and through the completion of nine acquisitions and the development of six greenfield mines, subsequently grew ACG from five mines and two production facilities in Oklahoma into a highly diversified operator of 24 mines and 5 production facilities across 9 states and provinces. During H.I.G.’s ownership, the Company also made significant investments in management, IT infrastructure, sales & marketing, manufacturing capabilities, and capacity.Paul Harrington, ACG’s CEO, said, “H.I.G. has been a great partner, as they have been very supportive helping to transform ACG into a professionally managed, diversified, national platform with exciting growth potential. We are excited to continue this next chapter with Arcosa, whose platform and resources will help us realize the considerable opportunities ahead.”Keval Patel, Managing Director at H.I.G. Capital, commented, “It has been a pleasure working with Paul and the ACG management team. Their strategic vision and consistent execution has resulted in an outstanding investment outcome for management and shareholders, including the Company’s founder Russ Harrison. We are confident that ACG will continue to build on its record of success and impressive growth under the Arcosa umbrella.”