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Globo’s Eletromidia subsidiary acquires Clear Channel’s Brazilian operations

By Maria Júlia Baumert ( August 29, 2025, 20:57 GMT | Insight) -- Brazil’s competition authority has cleared the acquisition of Clear Channel’s out-of-home (OOH) media operations in Brazil by Publibanca, a wholly owned subsidiary of Eletromidia, which is itself controlled by Globo. CADE approved the deal without remedies. The full-form notification was sent to CADE on June 6, starting the 240-day period ending Feb. 1, 2026, for CADE’s review.Brazil’s competition authority has cleared the acquisition of Clear Channel’s out-of-home (OOH) media operations in Brazil by Publibanca, a wholly owned subsidiary of Eletromidia which is itself controlled by Globo....

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