Founder Emmanuel Perrotin will retain a 40% stake in the international contemporary art gallery that he founded in 1990, but Colony IM will provide a capital injection and "corporate infrastructure"
Perrotin to sell 60% to Colony IM* fadmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fadmagazine.com Daily Mail and Mail on Sunday newspapers.
Colony IM has entered into exclusive negotiations for a majority stake in Perrotin gallery, which represents artists including Takashi Murakami and JR.