BRIEF-Clear Channel Outdoor To Be Bought By Mubadala Capital, TWG In $6.2 Bln Deal

Reuters
Feb 10
BRIEF-<a href="https://laohu8.com/S/CCO">Clear Channel Outdoor</a> To Be Bought By Mubadala Capital, TWG In $6.2 Bln Deal

Feb 9 (Reuters) - Apollo Global Management Inc APO.N:

  • CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AGREES TO BE ACQUIRED BY MUBADALA CAPITAL, IN PARTNERSHIP WITH TWG GLOBAL, FOR $6.2 BILLION

  • CLEAR CHANNEL OUTDOOR HOLDINGS INC: SHAREHOLDERS TO RECEIVE $2.43 PER SHARE IN CASH, REPRESENTING A 71% PREMIUM TO UNAFFECTED SHARE PRICE

  • CLEAR CHANNEL OUTDOOR HOLDINGS INC: SHAREHOLDERS TO RECEIVE $2.43 PER SHARE IN CASH

  • CLEAR CHANNEL OUTDOOR HOLDINGS INC: EQUITY FINANCING WILL BE PROVIDED BY MUBADALA CAPITAL IN PARTNERSHIP WITH TWG

  • CLEAR CHANNEL OUTDOOR HOLDINGS INC: APOLLO-MANAGED FUNDS HAVE COMMITTED TO INVEST PREFERRED EQUITY IN TRANSACTION

  • CLEAR CHANNEL OUTDOOR HOLDINGS: WILL HAVE A 45 DAY "GO-SHOP" PERIOD

Source text: ID:nPnF1fLGa

Further company coverage: APO.N

((Reuters.Briefs@thomsonreuters.com;))

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