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Mubadala Capital completes $6.2bn take-private of Clear Channel Outdoor

Thursday, October 15, 2026 · first reported by PE Hub and 1 other

Mubadala Capital has finished taking Clear Channel Outdoor Holdings private in a deal valued at about $6.2 billion. HedgeCo Insights dates the close to October 14. Regulatory clearances and stockholder approval came first, and the company's stock will be delisted from the New York Stock Exchange.

At closing Wade Davis took over as chief executive and joined the board as executive chairman. Scott Wells is out as CEO and has left the board, though he will advise during the handover. John Halley is joining as chief commercial officer.

Also named
Clear Channel Outdoor
Deal value
$6.2B
Asset class
Private equity
Geography
Global

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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