CFIUS clears Mubadala deal for Clear Channel Outdoor stock

Published on 10/08/2026 at 18:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The deal pays USD 2.43 per share and targets October 14, 2026 closing. Clear Channel Outdoor stock costs EUR 2.16 after EUR 2.15.

Key points in brief

Clear Channel Outdoor received CFIUS clearance on October 7, 2026, for its Mubadala Capital acquisition.
The transaction is expected to close on October 14, 2026, at USD 2.43 per share.
The Lang & Schwarz quote was EUR 2.16 on October 8, 2026, plus 0.47 percent versus EUR 2.15.
Second-quarter 2026 revenue rose 8.7 percent to USD 438.04 million, while adjusted EBITDA increased 11.6 percent to USD 143.43 million.

CCO, US18453H1068, Illustration mit AI erstellt.

Clear Channel Outdoor Holdings stock was trading at EUR 2.16 at Lang & Schwarz on October 8, 2026 at 6:00 p.m. CEST. The company received clearance from the Committee on Foreign Investment in the United States, or CFIUS, for its acquisition by Mubadala Capital on October 7, 2026, according to Markets Insider.

What happens on October 14

The clearance removed the regulatory requirement cited for the transaction, while customary closing conditions remain. The deal provides USD 2.43 in cash per share, and the company expects completion on October 14, 2026; its common stock will cease trading on the New York Stock Exchange after closing, Markets Insider reported.

Three steps to the buyout

On February 9, 2026, Clear Channel Outdoor agreed to the Mubadala-led transaction at USD 2.43 per share and an enterprise value of USD 6.20 billion, according to Yahoo Finance. On May 12, 2026, shareholders approved the merger, which retained the USD 2.43 cash consideration, the same source reported. On October 7, 2026, CFIUS clearance completed the regulatory sequence for the USD 2.43-per-share transaction, according to FINCHANNEL.

Operating growth meets deal risk

Clear Channel's second-quarter 2026 revenue rose 8.7 percent year over year to USD 438.04 million, while adjusted EBITDA, a non-GAAP measure, increased 11.6 percent to USD 143.43 million. The company still posted a consolidated net loss of USD 4.96 million, compared with net income of USD 10.65 million in the second quarter of 2025, according to FINCHANNEL. The figures show stronger operating momentum alongside a transaction that will remove the public-market listing.

What does the price imply

On the NYSE, the primary-market quote was USD 2.42 on October 8, 2026 at 12:03 p.m. EDT. The finance snapshot placed CCO's market capitalization at USD 1.2 billion and its 52-week range at USD 1.27 to USD 2.44 as of October 8, 2026. The Lang & Schwarz euro quote was EUR 2.16, plus 0.47 percent versus the prior close of EUR 2.15.

Next dates for CCO

The merger is scheduled for October 14, 2026, according to Markets Insider. Clear Channel Outdoor is scheduled to report third-quarter 2026 earnings on November 10, 2026, according to Barron's.

CCO trades after the Xetra close

The Lang & Schwarz quote stood at EUR 2.16 on October 8, 2026 at 6:00 p.m. CEST, plus 0.47 percent versus the prior close of EUR 2.15. The further course of trading is shown by the continuously updated real-time quote of Clear Channel Outdoor stock.