Industry Press Releases
Getty Images owners weigh sale or IPO: source
(Reuters) - The owners of Getty Images Inc, the largest supplier of stock photos, video and other digital content, have retained bankers to examine a possible sale or public offering of the business, a person close to the matter said Tuesday.
- this news was published on Reuters.com
Hellman & Friedman, the U.S. private equity fund which bought the business four years ago for $2.4 billion, is working with Goldman Sachs Group Inc (GS.N) and JPMorgan Chase & Co (JPM.N), the source said.
A sale or IPO of Getty could value the company at $4 billion, the source said.
Hellman & Friedman and JPMorgan declined to comment. Goldman Sachs was not immediately available for comment.
The news was reported earlier by the Financial Times.
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