AB Foods Considers Spinning Off Primark After Profits Fall 13%

AB Foods Considers Spinning Off Primark After Profits Fall 13%

The owner of Primark, Associated British Foods (AB Foods), has said it is considering separating the fashion retailer from its food division after reporting a drop in annual profits. The company announced a strategic review of its group structure alongside its full-year financial results, which showed an adjusted pre-tax profit of £1.7 billion for the

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