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January 26, 2010

Anish Kapoor to Design London Olympic Park Tower

French luxury group LVMH Moet Hennessy Louis Vuitton is reportedly nearing a deal to acquire UK-based luxury hotels operator Belmond for about $25 per share in cash.

By cms admin

UK-based sculptor Anish Kapoor is set to design a tower in the Olympic Park after beating Antony Gormley to win a design competition.

The project, conceived by London Mayor Boris Johnson, aims to showcase world-class art in the Olympic Park.

The project is expected to tower over the Olympic stadium and has been funded by Lakshmi Mittal, a UK businessman.

Neither the Greater London Authority nor the artist has confirmed the news.

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