James Murdoch to become anchor shareholder in Art Basel parent company
Interesting article in The Art Newspaper by Anna Brady 10/7/20 reflecting the challenges for one of the worlds largest and most successful art fair companies from significant changes brought about by COVID-19 worldwide.
‘James Murdoch’s private investment company Lupa Systems is to become the new anchor shareholder in Art Basel’s parent company MCH Group as part of a restructuring to help the struggling Swiss events company overcome the damaging financial consequences of the coronavirus crisis. ‘ Anna Brady