Primark to Become a Standalone Listed Company in Demerger from ABF
Associated British Foods (ABF.L) announced plans to separate Primark into a standalone listed company by the end of 2027. The move aims to better align governance and strategy for each business, with Primark generating about half of ABF's revenue. The decision comes amid underwhelming half-year results for ABF, with mixed performance from Primark.
Topics: Associated British Foods corporate restructuring demerger Primark stock listing