Clear Channel Outdoor may sell British assets to a Toronto-based equity firm (Billboard Insider)

Sky News reports that Clear Channel Outdoor is close to selling its British assets to Clairvest. The British inventory includes 2,000 sites across Greater London. Sky News quoted an industry source as saying the price would be several hundred million pounds and the pound is currently trading at $1.25 so the sale would be $200-500 million. […]