Arts Publications
Topic: RSS FeedWelcome Break for sale
Leisure Report, Dec, 2007
Bahrain-based private equity company Investcorp has put Welcome Break up for sale for around 500m [pounds sterling], the Financial Times reports. The motorway service operator is the second biggest in the UK behind Mote. In February this year, Investcorp recapitalised the company with 300m [pounds sterling], valuing the business at 500m [pounds sterling].
Any buyer would not need to renegotiate the recapitalisation finance, which was designed to be transferable to a new owner. Welcome Break's 23 sites continue to generate good cashflow and earnings in the year to September were 40m [pounds sterling].
COPYRIGHT 2007 William Reed Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
Most Recent Arts Articles
- Slumdog comprador: coming to terms with the Slumdog phenomenon
- Still mining his Winnipeg: an interview with Guy Maddin
- It doesn't seem 'Canadian': quality television' and Canadian-American co-productions
- Second city or second country? The question of Canadian identity in SCTV'S transcultural text
- Hop on pop: jiangshi films in a transnational context
Most Recent Arts Publications
Most Popular Arts Articles
- What makes a successful business person? Business people who are tops in their field have a lot in common, and art professionals can learn a lot from their successes and strategies
- Text and countertext in Rosario Ferre's "Sleeping Beauty."
- The Arnolfini double portrait: a simple solution
- Toni Cade Bambara's use of African American Vernacular English in "The Lesson"
- Emily Watson - IVTR
Most Popular Arts Publications
Content provided in partnership with
