CCO - Clear Channel Outdoor said near sale of British European units

July, 17 2022 08:22 PM Clear Channel Outdoor Holdings Inc. Class A

Billboard company Clear Channel Outdoor ( NYSE: CCO ) is said to be close to selling the British and Europeans unit to a private equity firm.
A European private equity firms is the remaining bidder in auction for the billboard giant that's being run by banks Deutsche Bank and Moelis, according to a Daily Mail reported on Saturday. A deal is likely to happen in the next few weeks.
Clear Channel Outdoor ( CCO ) announced in February that it was moving forward with evaluating strategic alternatives for its European business.
Clear Channel Outdoor ( CCO ) is scheduled to release its Q2 results on Aug. 9.

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Company Name:	Clear Channel Outdoor Holdings Inc. Class A
Stock Symbol:	CCO
Market:	NYSE
Website:	clearchanneloutdoor.com