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Simon de Pury Leaves Phillips de Pury & Company [Updated]

Come January, auction house Phillips de Pury & Company will be simply Phillips, following news today that chairman Simon de Pury is stepping down after 12 years on the job. The departure, which takes effect today, comes as a result of Mercury Group, the Moscow–based investment firm that first bought into the house in 2008, acquiring his interest in the company.
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