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JCDecaux SE subsidiary terminates agreement to acquire Clear Channel Outdoor Holdings' business in Spain

Oct 28, 2024

Acquiring Company

JCDecaux

Acquired Company

Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor

SydneyNew YorkAdvertisingAdvertisingMarketingAdvertising Platforms

Description

A subsidiary of JCDecaux SE has terminated the previously announced agreement to acquire Clear Channel Outdoor Holdings' business in Spain, following the withdrawal of its regulatory filing with the Spanish National Markets and Competition Commission. Clear Channel Outdoor Holdings, Inc. will continue to operate its business in Spain and remains focused on executing its strategic priorities in its America and Airports segments.

Quick answer

JCDecaux is acquiring Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor, announced October 28, 2024. JCDecaux is based in Sydney, New South Wales, Australia.

How much did JCDecaux pay for Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor?
The deal value was not disclosed.
What does JCDecaux do?
JCDecaux is the world’s leading out-of-home advertising company, founded in 1964 and operating more than one million advertising panels across 80+ countries, and in Australia delivering a comprehensive portfolio of..
Where are JCDecaux and Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor based?
JCDecaux is based in Sydney, New South Wales, Australia. Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor is based in New York, New York, United States.
Who are the decision-makers at JCDecaux?
Fundz holds 4 contacts at JCDecaux. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

JCDecaux

Location

Sydney, New South Wales, Australia

About

JCDecaux is the world’s leading out-of-home advertising company, founded in 1964 and operating more than one million advertising panels across 80+ countries, and in Australia delivering a comprehensive portfolio of high-quality, architecturally designed advertising solutions including programmatic digital out-of-home, large-format billboards, airport media, street furniture, and transport advertising through a network of over 40,000 assets.

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Frequently asked

Who acquired Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor?

Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor was acquired by JCDecaux, based in Sydney. The deal was reported on October 28, 2024. JCDecaux is privately held and operates in Advertising.

When did JCDecaux acquire Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor?

JCDecaux's acquisition of Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor was reported on October 28, 2024. A subsidiary of JCDecaux SE has terminated the previously announced agreement to acquire Clear Channel Outdoor Holdings' business in Spain, following the withdrawal of its regulatory filing with the Spanish National Markets and Competition Commission. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Metropolitan Transportation Authority (MTA) and Clear Channel Outdoor do?

The Metropolitan Transportation Authority (MTA) operates North America's largest transportation network. Clear Channel Outdoor is a dominant player in the world's premier media market, with an existing advertising portfolio in the region. It is privately held, operating in Advertising, and is based in New York.

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