Mubadala to Buy Clear Channel Outdoor Holdings

Core Viewpoint - Clear Channel Outdoor Holdings has agreed to be sold to Mubadala Capital in partnership with TWG Global, with an enterprise value of $6.2 billion [1] Group 1 - The acquisition highlights the ongoing consolidation in the out-of-home advertising industry, indicating strong interest from investors in this sector [1] - The deal reflects a significant valuation for Clear Channel Outdoor, suggesting confidence in the company's future growth potential [1]