CCW reduces share of affichage
Out-of-home advertising Two of its own board members are Affichage's largest shareholders.
Out-of-home advertising Two of its own board members are Affichage's largest shareholders, and instead of the previous eight percent, the American out-of-home advertising company holds
Clear Channel Worldwide (CCW) now only holds just over four percent of Affichage, Switzerland's largest poster company. CCW reduced its stake "as part of a portfolio adjustment in the USA", as Beat Roeschlin, Chief Executive Officer of the Swiss CCW subsidiary Clear Channel Plakanda, explained on request.
With a stake of eight percent, CCW was the second-largest Affichage shareholder after the French outdoor advertising company JCDecaux (30 percent). This is now different: a portion of the CCW shares, namely two percent, has been acquired by the
Affichage itself, the rest was apparently bought by Grisobi Holding in Bulle FR. In any case, it now holds a six percent stake in Affichage and has moved up to second place among the shareholders. The holding company belongs to the married couple Béatrice and Paul-Henry Binz. The latter is also Vice-Chairman of the Board of Directors of Affichage. With Jean-François Decaux and Paul-Henry Binz, two of Affichage's board members are now also its largest shareholders.
(mk)
Clear Channel Worldwide (CCW) now only holds just over four percent of Affichage, Switzerland's largest poster company. CCW reduced its stake "as part of a portfolio adjustment in the USA", as Beat Roeschlin, Chief Executive Officer of the Swiss CCW subsidiary Clear Channel Plakanda, explained on request.
With a stake of eight percent, CCW was the second-largest Affichage shareholder after the French outdoor advertising company JCDecaux (30 percent). This is now different: a portion of the CCW shares, namely two percent, has been acquired by the
Affichage itself, the rest was apparently bought by Grisobi Holding in Bulle FR. In any case, it now holds a six percent stake in Affichage and has moved up to second place among the shareholders. The holding company belongs to the married couple Béatrice and Paul-Henry Binz. The latter is also Vice-Chairman of the Board of Directors of Affichage. With Jean-François Decaux and Paul-Henry Binz, two of Affichage's board members are now also its largest shareholders.
(mk)
