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Clear Channel Outdoor reports Q2 revenue growth amid pending $2.43/share buyout by Mubadala Capital consortium.

Company Fundamentals
05 Aug 2026
PRNewsWire
View Source
Neutral
Clear Channel Outdoor reports Q2 revenue growth amid pending $2.43/share buyout by Mubadala Capital consortium.

Clear Channel Outdoor Holdings announced an 8.7% revenue increase in Q2 2026, driven by strong advertising demand linked to the 2026 FIFA World Cup and growth in digital billboard sales. The company is set to be acquired by a Mubadala Capital-led investor consortium for $2.43 per share, pending regulatory approvals, with the deal expected to close by Q3 2026. Following the acquisition, Clear Channel's stock will be delisted from public markets. The company also completed the sale of its Spain business for $132.3 million, intending to use proceeds to reduce debt. Despite revenue growth, Clear Channel reported a net loss due to increased expenses and merger-related costs.

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