Mubadala Capital and TWG Global to Buy Clear Channel Outdoor in $6.2 Billion Deal
Clear Channel Outdoor agreed to a buyout by Mubadala Capital and TWG Global on Monday. The cash deal offers shareholders a significant premium for their stock.
Insights:
Clear Channel Outdoor Holdings, Inc. has agreed to be acquired by Mubadala Capital in partnership with TWG Global in a transaction that values the US 
US billboard operator at $6.2 billion. Under the terms of the agreement, shareholders will receive $2.43 per share in cash, which represents a 71% premium to the unaffected share price. The deal was announced today, February 10, 2026, and effects a change of ownership of the company.
US billboard operator at $6.2 billion. Under the terms of the agreement, shareholders will receive $2.43 per share in cash, which represents a 71% premium to the unaffected share price. The deal was announced today, February 10, 2026, and effects a change of ownership of the company.The transaction is being financed by Mubadala Capital and TWG Global, with preferred equity committed by funds managed by Apollo Global Management, Inc. . This financing structure supports the $6.2 billion valuation and the cash consideration provided to shareholders.
