Brief: Clear Channel Outdoor Holdings, Inc. Has Entered Talsk To Sell Its France Business

Clear Channel Outdoor Holdings

17/07/2023 11:07

July 17 (Reuters) - Clear Channel Outdoor Holdings Inc
 CCO.N :
    * CLEAR CHANNEL OUTDOOR HOLDINGS, INC. HAS ENTERED INTO
EXCLUSIVE
DISCUSSIONS TO SELL ITS FRANCE BUSINESS
    * CLEAR CHANNEL OUTDOOR HOLDINGS INC - COMPANY IS NOT
DISCLOSING
FINANCIAL DETAILS OF CONTEMPLATED TRANSACTION AT THIS TIME
    * CLEAR CHANNEL OUTDOOR HOLDINGS INC - IS NOT DISCLOSING
FINANCIAL
DETAILS OF CONTEMPLATED TRANSACTION AT THIS TIME
    * CLEAR CHANNEL OUTDOOR HOLDINGS INC - CONTINUES ITS REVIEWS
OF
STRATEGIC ALTERNATIVES FOR COMPANY'S OTHER EUROPEAN BUSINESSES
    * CLEAR CHANNEL OUTDOOR HOLDINGS INC - PARTIES ARE AIMING TO
COMPLETE PROPOSED TRANSACTION IN Q4 2023
    * CLEAR CHANNEL OUTDOOR HOLDINGS INC - HAS NOT SET A
TIMETABLE FOR
COMPLETION OF THESE PROCESSES AND MAY SUSPEND THESE PROCESSES AT
ANY TIME
    * CLEAR CHANNEL OUTDOOR HOLDINGS INC - BOARD OF DIRECTORS
CONTINUES ITS REVIEWS OF STRATEGIC ALTERNATIVES FOR COMPANY'S
OTHER EUROPEAN BUSINESSES
    * CLEAR CHANNEL OUTDOOR HOLDINGS - ENTERED INTO EXCLUSIVE
DISCUSSIONS TO SELL ITS BUSINESS IN FRANCE TO EQUINOX INDUSTRIES
    * CLEAR CHANNEL OUTDOOR HOLDINGS INC - DIDIER QUILLOT, A
SENIOR
ADVISOR TO EQUINOX, WOULD PARTICIPATE ALONGSIDE EQUINOX IN
PROPOSED TRANSACTION
    * CLEAR CHANNEL OUTDOOR HOLDINGS INC -  DIDIER QUILLOT WOULD
BE
APPOINTED NON-EXECUTIVE CHAIRMAN OF CLEAR CHANNEL FRANCE UPON
COMPLETION

Source text for Eikon:  ID:nPnbw0qVba 
Further company coverage:  CCO.N 

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