---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-197617"
form_type: "8-K"
ticker: "CCO"
cik: "0001334978"
company_name: "Clear Channel Outdoor Holdings, Inc."
filed_at: "2025-09-08T23:59:59+00:00"
generated_at: "2026-05-17T07:30:16.555790+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clear Channel Outdoor to sell Spain business to Atresmedia for ~$135M; completes European divestiture

## Summary
- Purchase price EUR 115M (~$135M) subject to customary adjustments; buyer is Atresmedia Corporación de Medios.
- Expected close by early 2026 pending regulatory approval; net proceeds to reduce outstanding debt.
- CEO Scott Wells says sale marks final step in divesting European and Latin American businesses to focus on America and Airports segments.
- Company to hedge anticipated proceeds against foreign currency fluctuations during the interim period.
- Moelis & Co. and Deutsche Bank Securities served as financial advisors on the transaction.

## SEC filing metadata
- accession: 0001193125-25-197617
- form_type: 8-K
- ticker: CCO
- cik: 0001334978
- company_name: Clear Channel Outdoor Holdings, Inc.
- filed_at: 2025-09-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1334978/000119312525197617/0001193125-25-197617-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1334978/000119312525197617/d83065d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-197617
- JSON: https://secwatch.observer/filing/0001193125-25-197617.json
- Plain text: https://secwatch.observer/filing/0001193125-25-197617.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.