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Equity company Carlyle Group completes deal for Getty Images

AFP
October 20, 2012, 12:06 am TWN

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NEW YORK -- A private investment group Thursday completed its deal to take over the photography agency Getty Images for US$3.3 billion.

The Carlyle Group said it has acquired a controlling stake in Getty, a major producer and distributor of photos, videos and multimedia products. “We are pleased to announce the completion of this transaction in partnership with The Carlyle Group,” Jonathan Klein, co-founder and chief executive of Getty Images, said in a statement.

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