Sotheby’s Owner Patrick Drahi Reportedly Considers Taking Auction House Public

Patrick Drahi, the owner of Sotheby’s, is reportedly mulling taking the auction house public. If Drahi does move forward with a plan to do an initial public offering, it would take place just a few years after he took the 277-year old auction private in 2019, ending its house’s 30-year run as a publicly traded company.
According to a report from Bloomberg, Drahi, who accrued his wealth through the U.S. telecoms company Altice, could move to bring the company public in the U.S. next y