Arch-rival Christie’s also suffering from slowdown in auctions
Heavy borrowing raises questions over whether the stake can be maintained in the long term
Bondholders’ group hires lawyers after telecoms company declines to use proceeds from asset sales to repay debt
Co-founder and key troubleshooter Armando Pereira was kept away from investors
UK government warns it could intervene if a full bid is launched
Plus, meet the man who can claim to be Amazon’s landlord and the end of a €9.3bn Italian toll road saga
French telecoms taps the market, but investors await more radical plans for group’s debt pile
Executives talk up merger prospects in France while CK Hutchison returns to dealmaking
Brussels takes hard line over implementation of takeover PT Portugal before approval
Fund manager Carmignac says November results were ‘game changer’
Franco-Israeli dealmaker returns to financial engineering in effort to revive fortunes
French telecoms veteran joins just two months after leaving Altice as chief executive
Heavily indebted group lost 75,000 broadband customers last quarter in home market
Dispute will sharpen focus on performance of networks in an age of cord-cutting
