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Angolan movie financier bids for 85 works by Joan Miro

An Angolan-born Hollywood movie financier has reportedly offered to buy 85 paintings by Catalan artist Joan Miro from the cash-strapped Portuguese government. Rui Costa Reis, 46-year-old Angolan-born son of Portuguese emigrants who made his fortune in cereals and expanded into the movie business, has offered 44 million euros ($60 million) for the collection owned by the Portuguese state, the Diario business daily said.

Christie's cancels sale of 85 Miro works over legal concerns

London, Feb 5 (EFE).- Auction house Christie's indefinitely cancelled the sale in London of 85 works by Spanish artist Joan Miro owned by Portugal due to the legal "uncertainty" surrounding the works. A Portuguese court approved the sale of the works, whose value is estimated at around $47 million, but the auction house cancelled the sale on Tuesday. Christie's has a legal responsibility to ensure that customers will not have "any problems" registering ownership of works, a spokesman for the auction house said.

Christie's cancels sale of 85 Miro works over legal concerns

London, Feb 5 (EFE).- Auction house Christie's indefinitely cancelled the sale in London of 85 works by Spanish artist Joan Miro owned by Portugal due to the legal "uncertainty" surrounding the works. A Portuguese court approved the sale of the works, whose value is estimated at around $47 million, but the auction house cancelled the sale on Tuesday. Christie's has a legal responsibility to ensure that customers will not have "any problems" registering ownership of works, a spokesman for the auction house said.

Gris, Picasso lead way in record London auction

Paintings by Pablo Picasso, Rene Magritte and Juan Gris have pushed a sale at Christie's to a record for London of nearly £177 million ($288 million, 213 million euros), the auction house said Wednesday. Gris' still-life "Nature Morte a la Nappe a Carreaux" ("The Checked Tablecloth") led the way, selling for £34.8 million to smash the world auction record for the Spanish artist. The 1915 work portrays a pile of objects -- including a bunch of grapes and a newspaper -- on a checked tablecloth.

Auction record smashed for Spanish cubist artist Gris

Juan Gris's Cubist still life "Nature Morte a la Nappe a Carreaux" ("The Checked Tablecloth") sold for £34.8 million at a London sale Tuesday, smashing the auction record for the Spanish artist. The 1915 work portrays a pile of objects -- including a bunch of grapes and a newspaper -- on a checked tablecloth. It smashed pre-sale estimates of £12-18 million, fetching almost double the previous record for a Gris work at auction. That was achieved in 2010 when his 1913 painting of a violin and a guitar sold for $28.6 million in New York.

Christie's scraps Miro sale after uproar in Portugal

By Andrei Khalip LISBON (Reuters) - Christie's auction house cancelled the sale of 85 paintings by the Catalan Surrealist Joan Miro on Tuesday after an uproar over whether debt-ridden Portugal, their legal owner, could sell the treasures to buyers abroad. The auctioneers withdrew them from a London sale even though a Lisbon court threw out a suit by opposition lawmakers, prosecutors and the public trying to block the offer saying the government had violated the rules on classifying the artwork.

Christie's cancels Miro art sale over Portugal dispute

Auction house Christie's on Tuesday said it had cancelled the London sale of 85 paintings by Spanish master Joan Miro valued at more than 36 million euros ($48.5 million) over a legal dispute in Portugal. The paintings became Portuguese state property following the nationalisation of the BPN bank in 2008 and their sale has been met with fierce opposition by art lovers in Portugal. But the cash-strapped Portuguese government has argued that the sale of the paintings would bring a much-needed injection of funds.

Miro art sale cancelled over Portugal dispute: Christie's

Auction house Christie's on Tuesday said it had cancelled the London sale of 85 paintings by Spanish master Joan Miro valued at more than 36 million euros over a legal dispute in Portugal. "The sale of the collection of 85 works by Joan Miro has been cancelled as a result of a dispute before the Portuguese court, to which Christie's is not a party," the auction house said in a statement, hours before the first of the paintings were due to go under the hammer.

Portugal clears controversial Miro auction

A Portuguese court on Tuesday cleared the controversial sale of 85 paintings by Spanish master Joan Miro valued at over 36 million euros, just hours before they are due to go up for auction. The decision came in spite of demands from Portugal's opposition Socialist party for a suspension of the sale, according to the Lusa news agency. The artworks are set to go under the hammer at London auction house Christie's, which has valued the works at more than £30 million (over 36 million euros), a much-needed injection of funds for cash-strapped Portugal.

Portugal clears controversial Miro auction

A Portuguese court on Tuesday cleared the controversial sale of 85 paintings by Spanish master Joan Miro valued at over 36 million euros, just hours before they are due to go up for auction. The decision came in spite of demands from Portugal's opposition Socialist party for a suspension of the sale, according to the Lusa news agency. The artworks are set to go under the hammer at London auction house Christie's, which has valued the works at more than £30 million (over 36 million euros), a much-needed injection of funds for cash-strapped Portugal.
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