Swiss-based MCH Group, which owns Art Basel, has sold its 25% stake in Art Dusseldorf to Sandy Angus and Tim Etchells of ArtHK, Art Newspaper reports. “It’s about giving a broader context to Art Düsseldorf through our contacts in Asia, but at the same time we are hoping to build a rapport with more German galleries, which might lead them into our Asian and other fairs,” Angus says. “Building confidence and relationships with galleries is key.”
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