Clear Channel Outdoor: European business sale might help it repay (part of) the debt and raise the valuation of the US business (Seeking Alpha)

Dalius Taurus, Investing Group Leader. After a potential divestiture, CCO would be in a position to repay a portion (around $1bn) of its currently outstanding debt (net debt of $5.2bn). More importantly, the potential sale would shine a light on the company's significantly higher-margin US business. […]