Betaville

Euromoney bidder said to weigh £1 billion Bonhams auction - sources

The private equity owner of Bonhams could be about to auction off the 229-year-old auction house.

Top sources have told Betaville that Epiris - the UK-based buy-out firm that this week emerged as one of the private equity firms trying to take FTSE 250-listed financial media company Euromoney private in a £1.6 billion deal - is in the early stages of weighing a sale of Bonhams with a view to potentially appointing advisers to run an auction of the auctioneer later this year...