Bauer Radio Limited (Bauer Media Group) Acquires Clear Channel Outdoor's Europe‑North Segment for $625M
March 31, 2025
Bauer Radio Limited, a subsidiary of Bauer Media Group, has completed the acquisition of the businesses comprising Clear Channel Outdoor Holdings' Europe‑North segment for $625 million. Clear Channel Outdoor received approximately $243 million of net cash proceeds after prepaying outstanding term loans and said it will prioritize using proceeds to reduce leverage and improve its balance sheet.
- Buyers
- Bauer Radio Limited, Bauer Media Group
- Targets
- Europe‑North segment (Clear Channel Outdoor Holdings, Inc.)
- Sellers
- Clear Channel Outdoor Holdings, Inc.
- Industry
- Media & Entertainment
- Location
- United Kingdom
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
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.
-
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.
-
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.
-
Netrisk Group Acquires Bauer Media's CEE Online Comparison Businesses
September 20, 2023
Financial Services
Netrisk Group (majority-owned by TA Associates) will combine its online comparison platforms with Bauer Media Group’s Online Comparison Platform (rankomat.pl, epojisteni.cz, srovnejto.cz and superpoistenie.sk) to create a scaled CEE price-comparison business. TA Associates remains the controlling shareholder, MCI Capital retains a minority stake, and Bauer will hold a significant non‑majority strategic stake in the combined group.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.