Advanced Search

Bonhams Puts Itself Up for Sale – Report

May 22, 2018 8:05 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... UK-based auctioneer Bonhams is considering a sale of the business, and has appointed investment bank NM Rothschild to advise on the process, The Sunday Times reported.

A sale to a private-equity house is the most likely outcome for the 225-year-old company, whose chairman, Robert Brooks, is a former director of Christie’s, the report said. Four years ago, Brooks hired bankers from Greenhill to run an auction of the company, the London newspaper continued.

Bonhams declined to comment to Rapaport News.

Image: Fancy vivid yellow diamonds from Bonhams’ December auction in London
Tags: Auctions, bonhams, Christie’s, NM Rothschild, Rapaport News, Robert Brooks
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
Aug 04, 2022
News: Diamond market quiet. Deep concerns about trading slowdown and prospects for 2H. US retail
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.