Deals & Cases

Homburger advises Clear Channel on the sale of its Swiss business to TX Group

On December 22, 2022, Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), a global out-of-home advertising company, announced that it has entered into a definitive agreement to sell its Swiss business to Goldbach Group AG, an affiliate of TX Group AG, for CHF 86.0 m.

Homburger advises Clear Channel Outdoor Holdings, Inc. with regard to all Swiss legal aspects of this transaction. The Homburger team is led by Daniel Hasler and comprises Andrea Grimm Widmer and Magda Aref (all Corporate / M&A), Gregor Bühler and Philippe Baumann (both IP / IT), Richard Stäuber and Allegra Arnold (both Competition) and Peter Müller (Tax).