Relax and unwind
Its debt leverage will be 4. There are a lot of obvious benefits to Applegreen of this Welcome Break deal, but big overseas deals such as this one come with significant execution risk. Just ask Greencore , which has discovered this over the past couple of years in the United States, or Cork-based wholesaler Musgrave, which retreated from Britain a few years ago after its Budgens business ran into difficulties, or the Irish banks, who have found this to their cost on many occasions in the past.
These numbers will have to be revised in the wake of this deal and it will be interesting to see the market reaction once the admission document is published and its shares begin trading again. There may be a few bumps along the way, but for now the road ahead looks clear for Applegreen. Is Applegreen on the right road with Welcome Break acquisition?
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Thank mhenly Write a review Reviews Traveller rating. See what travellers are saying:. Reviewed 21 October via mobile.
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Reviewed 3 October Dirty filthy toilet. Date of visit: September Ask amandaperry1 about Welcome Break Gordano.
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