US boutique lands $3bn Getty mandate

Allen & Co earlier this year emerged among a host of bulge-bracket investment banks as a bookrunner on Facebook's jumbo flotation

Allen & Co, the US advisory boutique that helped take social media giant Facebook public in May, this week landed a role on the $3bn-plus sale of another brand-name in the media sector.

The group was named as an adviser on the sale of online photo provider Getty Images, which was yesterday sold by its private equity owners Hellman & Friedman to buyout firm The Carlyle Group for $3.3bn.

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