Getty Images will go private after a restructuring deal. This was reported by Qazaqyia.kz citing Reuters.
According to Reuters, the deal was made as part of the company's restructuring process. Getty Images is a world-famous photo agency that provides millions of photographs and videos.
The full details of the deal, financial terms and timelines have not yet been disclosed. Reuters only reported that the company is going private.
Getty Images had previously been publicly traded. As part of the restructuring deal, the company will become privately owned, and its shares may be delisted from the stock exchange.
This news is considered a significant event in the media and photo industry, as Getty Images is one of the world's largest providers of visual content.