Clear Channel Outdoor Holdings Inc. (CCO) announced receipt of all regulatory clearances and approvals required with respect to the consummation of the sale of the company's Europe-North segment to Bauer Radio, a unit of Bauer Media Group. The companies expect to close the transaction on March 31, 2025.
Clear Channel Outdoor Inc. noted that the consummation of the sale remains subject to the delivery of certain customary closing items by the parties as set forth in the related share purchase agreement.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.