{"id":92268,"date":"2026-10-16T06:06:07","date_gmt":"2026-10-16T10:06:07","guid":{"rendered":"https:\/\/hedgeco.net\/news\/10\/2026\/mubadala-capital-completed-its-roughly-6-2-billion-take-private-of-clear-channel-outdoor.html"},"modified":"2026-10-16T06:06:07","modified_gmt":"2026-10-16T10:06:07","slug":"mubadala-capital-completed-its-roughly-6-2-billion-take-private-of-clear-channel-outdoor","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2026\/mubadala-capital-completed-its-roughly-6-2-billion-take-private-of-clear-channel-outdoor.html","title":{"rendered":"Mubadala Capital Completed Its Roughly $6.2 Billion Take-Private of Clear Channel Outdoor:"},"content":{"rendered":"

\"Mubadala<\/p>\n

HedgeCo.Net \u2014 Clear Channel Outdoor Holdings, Inc. said Mubadala Capital has completed its previously announced acquisition of the company in a transaction valued at approximately $6.2 billion. The close followed receipt of applicable regulatory approvals and Clear Channel stockholder approval. With the deal done, Clear Channel’s common stock will cease trading and be delisted from the New York Stock Exchange.<\/p>\n

Concurrent with closing, Wade Davis became chief executive officer, succeeding Scott Wells, who stepped down as CEO and from the board and will advise during the transition. Davis also joined the board as executive chairman. John Halley will join as chief commercial officer, spanning commercial activities across the platform.<\/p>\n

Davis founded ForgeLight and previously led Univision through its merger into TelevisaUnivision; he earlier served as CFO of Viacom. Halley most recently was president of advertising at Paramount Global. The leadership overhaul signals that Mubadala intends an operating reset rather than a quiet hold of a mature out-of-home franchise.<\/p>\n

For private markets, the completion converts a signed take-private into a closed sponsor-owned media asset at scale. Mubadala Capital manages, advises and administers more than $755 billion in assets across its alternatives businesses and partnerships, and Clear Channel adds a U.S. outdoor advertising platform with digital billboard and programmatic ambitions.<\/p>\n

Allocators watching outdoor and media PE will track whether Davis and Halley accelerate digital inventory monetization and whether further add-ons follow under private ownership. The October 14 close removes public-market reporting noise just as management turns to commercial execution.<\/p>\n","protected":false},"excerpt":{"rendered":"

HedgeCo.Net \u2014 Clear Channel Outdoor Holdings, Inc. said Mubadala Capital has completed its previously announced acquisition of the company in a transaction valued at approximately \u2026 Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":92267,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[16901,16900,16904,16902,16554,16903],"class_list":["post-92268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-equity","tag-clear-channel-outdoor","tag-mubadala-capital","tag-nyse-delisting","tag-out-of-home-advertising","tag-take-private","tag-wade-davis"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=92268"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/92267"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=92268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=92268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=92268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}