Now AXA bid £51m for the Drouot

The AXA insurance group have joined the battle for Drouot with an offer believed to be worth €82m (£51m), comfortably exceeding the €69m (£43m) proposed by Barclays Private Equity and the €64m (£40m) by ABN-Amro earlier this year.

AXA have also offered to take a minority stake in each of Drouot’s 74 études (auction firms), worth …

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