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GYI Getty Images

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Getty Images NYSE:GYI NYSE Ordinary Share
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  0.00 0.00% 0.00 -

Carlyle Is Leading Bidder for Getty Images

15/08/2012 12:30am

Dow Jones News


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Carlyle Group LP (CG) is the leading bidder for Getty Images Inc., Bloomberg News reported Tuesday, citing people with knowledge of the matter.

Getty is likely to sell for about $3.3 billion to $3.4 billion, one of the people told Bloomberg.

The provider of photographs, video footage and digital images is now owned by Hellman & Friedman LLC.

CVC Capital Partners Ltd. hasn't yet topped Carlyle's offer, but could increase its bid later, according to one of the people with knowledge of the matter.

Full story at http://www.bloomberg.com/news/2012-08-14/carlyle-group-said-to-be-leading-bidder- or-getty-images.html

Write to nymonitoring@dowjones.com

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