Simpson Thacher & Bartlett, Weil Gotshal & Manges, Debevoise & Plimpton and Davis Polk & Wardwell have snapped up advisory roles as the Carlyle Group yesterday (15 August) agreed to acquire Getty Images for $3.3bn (£2.1bn), writes the Am Law Daily.
The acquisition of the world’s largest archived photo distributor comes three months after reports surfaced that private equity firm Hellman & Friedman was looking to sell as much as $4bn (£2.5bn).
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