OUTFRONT completes sale of Canadian outdoor ad business to Bell Media for C$410M

OUTFRONT Media Inc.

Closed sale of all equity in Outdoor Systems Americas ULC (Canadian business) to Bell Media on June 7, 2024.
Received C$410 million in cash, subject to customary purchase price adjustments.
Proceeds will be used to reduce financial leverage; OUTFRONT now fully domestic US business.
Bell Media solidifies OOH leadership with expanded national inventory.

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