Hamburg, January 9, 2025 – Today, Bauer Media Group (“Bauer Media” or “the Group”) – a leading European media business which includes print and online publishing, and Audio broadcasting and entertainment – announced that it has signed an agreement to acquire Clear Channel Europe-North (“Clear Channel Europe”), a significant player in the Out of Home (“OOH”) media sector. The transaction is expected to close in 2025, upon satisfaction of regulatory approvals.