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

May 7, 2025

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Alexandra Field

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Jacinta O'Shea-Ramdeholl

Senior Manager, International Communications

(New York) – Akin advised Clear Channel Outdoor Holdings, Inc. and its subsidiaries in an agreement to sell its business in Brazil to Publibanca Brasil S.A., an affiliate of Eletromidia S.A. 

The Akin team was led by private equity partners Sergio Urias and Michelle Chan and included senior counsel Cesar Gimenez Villamil; counsel Eduardo Canales and associates Daniel O’Farrill, Jordan Adams and Milena Lozano. 

Additional team members included antitrust partner Scott Pettifor and counsel Marianna Meriani; tax partner Olivier De Moor and associate John Kwack; international trade partner Alexis Guinan; and intellectual property partner David Vondle.  

For further information on the transaction, please click here. 

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East. 

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