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Main article: Getty Images Russia
History
2021: Stock Market Entry Plan
Photo hosting Getty Images will become a public company by merging with the SPAC-company CC Neuberger Principal Holdings II. This became known on December 13, 2021.
According to Bloomberg, shares will begin to trade on the NYSE. After the transaction, the capitalization of the combined company will amount to $4.8 billion, and the volume of attracted financial resources - about $1.2 billion.
According to the agency, Getty Images tentatively planned to hold a traditional IPO, but chose SPAC because of the ability to attract more investment. The money will be used to scale and pay off debts[1].
2018: Return of a stake to the founders
In 2018, she resold it back to the family of founders.
2012: Transfer of control stake to Carlyle Group
In 2012, Carlyle Group bought a controlling stake for $3.3 billion.
2008: Transition to Hellman & Friedman Foundation
Until 2008, Getti Images was owned by the founders until it was sold to the Hellman & Friedman investment fund for $2.4 billion.
90s: Creation of a company
Getty Images was established by the Getty family in the 90s of the twentieth century. At first, the company positioned itself as a photo agency, but became a popular photo hosting.
The founder of the company is Mark Getty, the grandson of Paul Getty, an American entrepreneur who at one time was considered the richest man in the world who earned his fortune in the oil trade.
Notes
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