After accumulating US$1.6 billion in net losses between 2020 and 2024, the American Clear Channel Outdoor is set to change scale. The acquisition by a consortium (led by Mubadala Capital and TWG Global, valuing the group at US$6.2 billion), marks a strategic turning point for the DOOH player in a global out-of-home advertising market that is growing again according to WPP Media.
On February 10, 2026, a consortium led by the asset management arm of the Abu Dhabi sovereign wealth fund, Mubadala Capital, in partnership with TWG Global, signed an agreement to acquire the DOOH network Clear Channel Outdoor (revenue US$1.14 billion for the 9 months ending September 2025, net margin of US$11.9 million). The deal covers only the US market. Entirely in cash, this values the company at US$6.2 billion, including US$5 billion of debt. According to Gulf News, the financing relies o
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Article authors
Sophie Baqué
Chief Editor of mind Retail