Baku, May 13, AZERTAC
A Pablo Picasso painting becomes the most expensive artwork ever to sell at auction, reaching $160m, according to Channel 4.
Picasso's Women of Algiers has become the third of his artworks to break the $100m mark at auction, attracting a winning bid of $160m (£102.6m) at Christie's in New York.
The painting became the world's most expensive artwork after exceeding its pre-sale estimate of $140m.
The painting joins an illustrious rollcall of art to have broken the $100m barrier, including works by Edvard Munch, Francis Bacon and Alberto Giacometti.