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Getty Images Acquired by PE Giant for $3.3 billion

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August 23, 2012

The deal of the week looks to be the acquisition of Getty Images by Carlyle Group for USD 3.3 billion, according to Bloomberg. We reported speculation about the deal size earlier in the summer. So far the size of this deal makes it one of the largest PE transactions in the past year, according to the WSJ, which also said that there aren’t too many other big ticket deals expected in 2012. Only one deal might be a blockbuster, namely Best Buy Co, the US based retailer, which could go for up to USD 10 billion in a PE-backed take private transaction.

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