Clear Channel Outdoor CFO: The invasion of Ukraine has been a factor in slowing the process of European asset sale (Billboard Insider)
Brian Coleman, CFO, Clear Channel Outdoor. Unfortunately, after — shortly after it was launched, there was some geopolitical events, including the invasion of Ukraine, that caused us to pivot on the process we were undergoing and prioritized the lower-margin noncore to Europe businesses, which we continue to look at. In fact, we successfully closed the sale of Switzerland at the end of March. […]
Fri, May 26, 2023 at 10:52 PM