Associated British Foods Primark demerger

After 65 years as a combined group, Associated British Foods will separate its budget apparel giant Primark from its core food and ingredients operations.

The move will result in two distinct entities listed on the London Stock Exchange, a decision that follows an extensive internal review of the group's structure.

Investors have reacted cautiously to the news, with some questioning the timing amid ongoing volatility in the retail sector.

The separation is expected to be completed by the end of 2027, allowing Primark to pursue its own independent growth strategy.