Getty Images considering IPO

May 28, 2012~

Getty Images was taken private over four years in a deal valued at $2.4 billion. They are now considering a possible sale or IPO of the business.

According to sources, the owners, Hellman & Friedman have in fact already recouped much of the original investment through dividends, the first in 2010 when Getty paid $496m to its owners and earlier this year when Getty launched a $275m loan to help fund a $379 dividend. It’s believed that the IPO or sale could value the business at as much as $4bn. None of this is news of course since it’s long been rumoured that an exit plan is on the cards.

Interesting to note that newspapers are going out of business or reducing printing, yet the stock image business seems to be flourishing for the owners.


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