Charles Saatchi , the British collector who last July offered to donate his London gallery and more than 25 million pounds ($41 million) worth of art to the nation, has yet to reach agreement on who they will go to.
Charles Saatchi is giving the British nation his London gallery and more than 25 million pounds ($37.5 million) worth of art to secure the institution’s future as a showcase for emerging young artists.
Charles Saatchi , who in July said he was giving the British nation his London gallery and more than 25 million pounds ($38 million) worth of art, is seeking other takers after talks with a state-linked body broke down, his gallery’s associate director said.
A sale by auction house Bonhams and an exhibition co-organized by the Saatchi Gallery are boosting confidence in the market for contemporary art amid worries about renewed financial turbulence, dealers said.
M&C Saatchi Plc , the ad agency formed by brothers Maurice and Charles Saatchi in 1995, will promote Britain’s “You’re Invited” marketing campaign to generate interest around the royal wedding and 2012 Olympics.