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UK Government completes final £5 billion sale of Bradford & Bingley plc and NRAM Limited

Date Time UK Government completes final £5 billion sale of Bradford & Bingley plc and NRAM Limited This final sale constitutes a significant milestone in the work to achieve the government’s objective of returning the institutions brought into public ownership as a result of the 2007-2008 financial crisis to private ownership. The sale was approved following a competitive auction process and will see Bradford & Bingley (B&B) and NRAM, together with their remaining mortgages and loan portfolios, sold to a consortium comprising Davidson Kempner Capital Management LP (Davidson Kempner) and Citibank (Citi). The majority of the financing for the transaction is being provided by funds managed by Pacific Investment Management Company LLC (PIMCO).

Solomon R Guggenheim Foundation elects Thomas R Ellis and Brian Robinson to Board of Trustees

Masterpiece by Vincent van Gogh emerges after a century in the same private collection to make auction debut in Paris

Masterpiece by Vincent van Gogh emerges after a century in the same private collection to make auction debut in Paris
artdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artdaily.com Daily Mail and Mail on Sunday newspapers.

Wyoming Art Auction Announces 2021 Results!

Wyoming Art Auction Announces 2021 Results! JACKSON, Wyoming Subject Line Please provide verification code Email is invalid Clark Kelley Price (1945- ), Sweet Wyoming Home, oil on canvas, 24 x 30, Estimate: $3,000-$5,000, SOLD: $30,000, World Record Price Per Square Inch Bill Owen (1942-2013), Untitled (Horse), 1970, oil on canvas, 9 x 12, Estimate: $1,500-$2,500, SOLD: $33,000, World Record Price Per Square Inch Jackson, Wyoming — The Inaugural Wyoming Art Auction was held on February 20th in Jackson, Wyoming. Proudly presented by the Jackson Hole Art Auction, the Wyoming Art Auction offered 228 lots—selling 96% of them and realizing a total of $668,650. The online auction saw active bidding across three internet platforms. This strong interest led to 42% of sold pieces exceeding their high estimates and the establishment of 35 new world auction records!

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