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

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.

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.

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

March 31, 2025

Media & Entertainment

Clear Channel Outdoor Holdings, Inc. has closed the sale of its Europe-North segment to Bauer Radio Limited, a subsidiary of Bauer Media Group, for $625 million (subject to customary adjustments). Clear Channel used the transaction proceeds to prepay its outstanding CCIBV term loans and plans to prioritize retiring additional debt to reduce leverage.

MNC Capital Plans $42.00/Share All-Cash Acquisition of Vista Outdoor

July 1, 2024

Consumer Products

MNC Capital Partners proposed an all-cash offer to acquire Vista Outdoor for $42.00 per share and delivered the merger agreement it is prepared to sign along with debt and equity financing commitment letters totaling about $3.2 billion. Vista Outdoor confirmed receipt of additional information from MNC and said its board has not made any determination regarding the revised indication of interest, while continuing to recommend voting in favor of the existing Czechoslovak Group (CSG) merger agreement.