Clear Channel Outdoor Completes Sale of Europe-North Segment to Bauer Radio Limited

Equinox Industries Acquires Clear Channel France from Clear Channel Outdoor

October 31, 2023

Media & Entertainment

Clear Channel Outdoor Holdings, Inc. has completed the sale of its French business, Clear Channel France, to Equinox Industries as part of a broader portfolio optimization. The company said it is initiating a process to sell its Europe‑North segment and conducting a strategic review of its Latin American businesses while engaging financial advisers for those processes.

Goldbach Group (TX Group affiliate) Acquires Clear Channel's Switzerland Business for CHF 86M

December 22, 2022

Marketing & Advertising

Clear Channel Outdoor Holdings, Inc. has entered into a definitive agreement to sell its Switzerland business to Goldbach Group AG, an affiliate of TX Group AG, for CHF 86.0 million (approximately US$92.7 million). The all-cash divestiture is part of Clear Channel's strategic review of its European assets and is expected to close in mid-2023 subject to regulatory approvals and customary conditions.

Global Vía Pública (Global Media US LLC) Acquires Clear Channel Outdoor Businesses in Mexico, Peru and Chile

February 6, 2025

Media & Entertainment

Clear Channel Outdoor Holdings, Inc. has completed the sale of its businesses in Mexico, Peru and Chile to Global Media US LLC, doing business as Global Vía Pública, in a simultaneous sign-and-close transaction. Clear Channel received $20 million cash at closing (based on a $34 million enterprise value) and may receive up to an additional $1.25 million in an earn-out; the sale is part of Clear Channel's portfolio optimization to strengthen liquidity and focus on core segments.

Publibanca Brasil (affiliate of Eletromidia) Acquires Clear Channel Outdoor's Brazil Business

October 1, 2025

Marketing & Advertising

Clear Channel Outdoor Holdings, Inc. completed the sale of its Brazil business to Publibanca Brasil S.A., an affiliate of Eletromidia S.A., for R$80 million (approximately US$15 million). The divestiture is part of Clear Channel Outdoor's strategy to exit Latin America, simplify its portfolio, and improve liquidity to focus on its U.S. America and Airports businesses and pay down debt.

Mubadala Capital & TWG Global Acquire Clear Channel Outdoor Holdings for $6.2 Billion

February 9, 2026

Marketing & Advertising

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) has entered into a definitive agreement to be acquired by Mubadala Capital, in partnership with TWG Global, in an all-cash transaction valued at an enterprise value of $6.2 billion. Under the terms, Clear Channel shareholders will receive $2.43 per share in cash, representing a 71% premium to the unaffected share price, and the deal is expected to close by the end of Q3 2026 subject to regulatory approvals and shareholder approval.

North Equity Acquires Multiple Bonnier Media Brands Including Popular Science, Saveur, Outdoor Life and Field & Stream

October 6, 2020

Media & Entertainment

North Equity, a venture equity firm, has acquired a portfolio of legacy media brands from Bonnier Corporation, including Popular Science, Saveur, Outdoor Life, Field & Stream, Popular Photography, Better You and Interesting Things. The deal expands North Equity's digital-media platform and creates new category verticals across food, specialty science/photography and outdoor/military audiences.