A&O gives welcome boost to Welcome Break
Allen & Overy (A&O) helped Investcorp receive some long-anticipated good news by advising on Welcome Break’s £300m leveraged recapitalisation. The recap of the UK’s second-biggest service station operator will return a £150m dividend payment to Welcome Break’s owners, Investcorp, as well as a return of capital to the company shareholders. The deal values Welcome Break […]