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Clear Channel Outdoor Holdings, Inc. Completes Sale of Italy Business to a Subsidiary of JCDecaux SE

PR Newswire - Wed May 31, 2023

Company Continues Review of Strategic Alternatives for its Other European Businesses

SAN ANTONIO, May 31, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced it has closed on the sale of its business in Italy to a subsidiary of JCDecaux SE for gross proceeds of approximately EUR 15.1 million, or US$ 16.2 million1.

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