Bahrain-based private equity company Investcorp has put Welcome Break up for sale for around £500m. The motorway service operator is the second biggest in the UK behind Moto. In February this year, Investcorp recapitalised the company with £300m, valuing the business at £500m. 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. Financial Times 12/10/07 page 15 (Companies & Markets)