BONHAMS (UK) / Sale of LVMH’s 49.9% stake in the 3rd largest auction house worldwide to Bonhams Brooks PS&N

DOROTHEUM (Australia) / Sale of the world’s 6th largest auction house to a consortium of investors

PHILLIPS, DE PURY & LUXEMBOURG (US) / Conducted discussions with minority partners leading to LVMH’s two-staged exit from the auction business in the framework of an overall restructuring of Phillips

FOSTER & CRANFIELD (UK) / Sale to management of Phillips International Auctioneers’ endowment insurance policies auction business

PHILLIPS SAINT LOUIS (US) / Sale to management of Phillips International Auctioneers’ regional auction activities in Missouri

PHILLIPS AUSTRALIA (Australia) / Sale to management of Phillips International Auctioneers’ Australian activities

BONHAMS / PHILLIPS MERGER (UK) / Led negotiations with UK auction house Bonhams & Brooks in merger with Phillips International Auctioneers’ UK business

DE PURY & LUXEMBOURG ART (Switzerland) / Merger of high-end private art dealership with Phillips International Auctioneers resulting in the creation of Phillips, De Pury & Luxembourg

ETUDE TAJAN (France) / Acquisition of France’s largest and most successful “commissaire-priseur” for LVMH

PHILLIPS INTERNATIONAL AUCTIONEERS (UK) / Acquisition for LVMH of auction house