Italy’s financial capital Milan is shaping up to be the latest European art hotspot, as galleries join a wave of super wealthy individuals drawn there by an increasingly attractive tax regime.
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Alibaba Sells Sun Art Stake to DCP Capital for $1.6 Billion, Shifting Focus Back to Online CommerceAlibaba Group Holding Ltd. has agreed to sell its over 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP Capital for up to $1.6 billion. The sale marks a significant retreat from ...
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