Deals & Cases

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

On March 31, 2023, Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), a global out-of-home advertising company, announced that it has completed the sale of its business in Switzerland 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, Magda Aref, Thierry Burckhardt and Mike Lerchmüller (all Corporate / M&A), Richard Stäuber, Allegra Arnold and Katharina Bratvogel (all Competition), Eduard De Zordi and Sarah Fasel (both Financing and Investment Products), Peter Müller (Tax), Gregor Bühler and Philippe Baumann (both IP / IT).