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ABF reviews potential Primark split from food business
Yahoo Finance· 2025-11-04 22:44
Associated British Foods (ABF) is considering separating its Primark retail arm from its food operations following a strategic review aimed at maximising long-term value. The company stated: “Although no decision has been taken, the outcome of this review may lead to the board deciding to undertake a separation of the Primark and food businesses.” The review is being conducted with input from ABF's largest shareholder, Wittington Investments, which aims to retain a majority stake in both businesses. Mic ...