<a href="https://laohu8.com/S/CCO">Clear Channel Outdoor Holdings</a> Inc. to Sell Its Spanish Business to Atresmedia for $135 Million
Clear Channel Outdoor Holdings, Inc. has entered into a definitive agreement to sell its business in Spain to Atresmedia Corporación de Medios de Comunicación, S.A. for an expected purchase price of EUR 115 million, approximately USD 135 million. The transaction marks the completion of Clear Channel's divestiture of its European businesses. The anticipated net proceeds from the sale, after transaction-related fees and expenses, will be used to reduce the company's outstanding debt. CEO Scott Wells expressed gratitude to the team for their efforts in reaching this milestone, which aligns with the company's strategy to focus on its America and Airports segments. The transaction is expected to close by early 2026, following regulatory approval.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clear Channel Outdoor Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY67475) on September 08, 2025, and is solely responsible for the information contained therein.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。