Akin Advises Clear Channel Outdoor Holdings in the Completed Sale of its Business in Brazil to an Affiliate of Eletromidia S.A.

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(New York) – Akin advised Clear Channel Outdoor Holdings, Inc. (CCOH) and its subsidiaries in the completed sale of its business in Brazil to Publibanca Brasil S.A., an affiliate of Eletromidia S.A. The closing of the sale marks the completion of CCOH’s divestiture of its Latin American businesses.
The Akin team was led by private equity partners Sergio Urias and Michelle Chan and included senior counsel Cesar Gimenez Villamil and associates Daniel O’Farrill and Jordan Adams.
Additional support was provided by antitrust partner Scott Pettifor and counsel Marianna Meriani; tax partner Olivier De Moor and associate John Kwack; corporate counsel Eduardo Canales; international trade partner Alexis Guinan; and intellectual property partner David Vondle.
For additional information on the transaction, please click here.
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