
Primark Owner ABF Confirms Plan to Demerge Fashion Chain
Associated British Foods (ABF), the parent company of Primark, has confirmed its intention to demerge the popular fashion retail chain from its food business operations.
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Primark owner ABF confirms plan to demerge fashion chain
Break-up of conglomerate after 65 years paves way for Primark listing
Read full article →Primark to split from food business despite warning of Iran war impact
ABF to demerge fashion chain from firm that owns Kingsmill, Twinings and Patak’s, plus a sugar company Business live – latest updates Primark is to break free from its sister food company which owns Twinings, Kingsmill and Patak’s next year despite warning that the conflict in the Middle East was likely to hit consumer spending. The fashion chain’s owner, Associated British Foods (ABF), confirmed the plan to demerge Primark from the rest of the group, first mooted last year. Continue readi...
By Sarah Butler
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