Clear Channel Sale to Bauer Radio Receives Clearance
Regulatory Clearance and Approvals for Europe-North Segment
Clear Channel Outdoor Holdings, Inc. Receives Regulatory Clearances and Approvals for Sale of its Europe-North Segment
to a Subsidiary of Bauer Media Group
SAN ANTONIO, — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) today announced receipt of all regulatory clearances and approvals required with respect to the consummation of the sale of the Company’s Europe-North segment to Bauer Radio Limited, a subsidiary of Bauer Media Group.
The consummation of the sale remains subject to the delivery of certain customary closing items by the parties as set forth in the related share purchase agreement. The parties expect to close the transaction on March 31, 2025.
About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is at the forefront of driving innovation in the out-of-home advertising industry. Our dynamic advertising platform is broadening the pool of advertisers using our medium through the expansion of digital billboards and displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy. By leveraging the scale, reach and flexibility of our diverse portfolio of assets, we connect advertisers with millions of consumers every month.
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