Getty Deal to Give Carlyle Greater Presence Abroad
Private-equity firm Carlyle Group L.P. and Getty Images management said Wednesday they have formed a partnership to acquire stock-photo agency Getty Images Inc. from buyout firm Hellman & Friedman for $3.3 billion.
Carlyle will acquire a controlling stake in Getty Images, while Getty’s co-founders Chief Executive Jonathan Klein and Chairman Mark Getty, along with Mr. Getty’s family, will boost their interest in the company to just under 50 percent, from about 30 percent.
