20 February 2015

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German Officials Plan To Prevent Portigon State-Owned Art Collection From Deaccession

Last month the German state-owned bank Portigon AG of North Rhine-Westphalia, the rebranded successor of the WestLB which folded in 2012 during the financial crisis, decided to deaccession its entire art collection. The bank holds approximately 400-pieces of art, which includes works by Pablo Picasso, August Macke, Joseph Beuys, and Günther Uecker. Now officials in […]