Associated British Foods confirms £10bn Primark spin-off

City AM — Apr 21, 06:05 AM

https://www.cityam.com/wp-content/uploads/2026/02/BN-6-1-1.jpg?w=1107" />

FTSE 100 titan Associated British Foods is to spin off clothes retailer Primark, signalling a dramatic change in direction for the food and retail firm.

The market had widely expected Associated British Foods to spin off the retailer with this set of results, as it has been battling with intense competition from firms like H&M https://www.cityam.com/associated-british-foods-to-spin-off-primark/">[...]

Read full article at City AM →

Associated British Foods demerger

AB Foods to split Primark from its food businesses Reuters — Apr 21, 12:43 PM
Primark owner reveals plan to spin off high street fashion chain Liverpool Echo — Apr 21, 09:03 AM
Primark owner ABF confirms plan to demerge fashion chain Financial Times — Apr 21, 06:30 AM
Primark owner ABF reveals plan to spin off high street fashion chain LBC — Apr 21, 06:54 AM
Primark owner ABF reveals plan to spin off high street fashion chain The Standard — Apr 21, 06:51 AM