CFIUS Clears Mubadala Capital's Acquisition of Clear Channel Outdoor
Clear Channel Outdoor Holdings, Inc. has received clearance from the Committee on Foreign Investment in the United States (CFIUS) for its acquisition by Mubadala Capital. The transaction is expected to close on or about October 14, 2026.
San Antonio, TX – Clear Channel Outdoor Holdings, Inc. announced on October 7, 2026, that it has received clearance from the Committee on Foreign Investment in the United States (CFIUS) for its acquisition by Mubadala Capital. This approval is a key step towards the completion of the transaction.
The company stated that the transaction is expected to close on or about October 14, 2026. Specific terms of the deal were not disclosed. Clear Channel Outdoor operates a large network of advertising displays across numerous markets.
Mubadala Capital is the investment arm of Abu Dhabi's state-owned Mubadala Investment Company. CFIUS reviews foreign acquisitions for potential national security risks. Its clearance indicates that no such risks were identified in this transaction.
The acquisition is expected to enable strategic growth and operational enhancements for Clear Channel Outdoor.