Equity company Carlyle Group completes deal for Getty Images
October 20, 2012, 12:06 am TWN
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.