Pursuits

Picasso’s Courtesans May Fetch $140 Million at Christie’s

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Pablo Picasso’s “Les Femmes d’Alger (Version ‘‘O’’)” is going under the hammer in New York with a $140 million valuation, the highest presale target of any artwork offered at auction.

Christie’s will offer the vibrant 1955 oil-on-canvas during a special sale, “Looking Forward to the Past,” on May 11, the auction house said in a statement. It last appeared on the block in 1997 as part of the famous collection of Victor and Sally Ganz, and sold for $31.9 million.