Tag: TWG Global

TWG Global’s Mark Walter Defends Himself

Mark Walter, the owner of TWG Global, a partner in the pending Clear Channel Outdoor buyout has issued a press release defended himself from allegations of financial impropriety.   Here’s the release. LOS ANGELES–(BUSINESS WIRE)–TWG Global, LLC (“TWG” or the “Company”) today issued the following statement to correct the record […]

Keep an Eye on the Mark Walter Story..

Billionaire investor Mark Walter is under DOJ investigation for not disclosing certain loans his insurance companies has made to other companies he controls.  Here’s a review of the situation, sponsored and analyzed by SignValue. Insurance companies are allowed to lend to affiliates so long as those loans are disclosed.  The […]

Analyzing the Clear Channel Outdoor Sale

Yesterday, Clear Channel Outdoor announced a sale to Mubadala Capital/TWG for $6.2 billion.  Here’s an analysis of the sale, sponsored and analyzed by SignValue. A 12.8 times adjusted cashflow purchase multiple The transaction gives Clear Channel Outdoor an enterprise value of $6.2 billion.  That works out to 12.76 times Clear […]