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AB Foods weighs possible split of Primark and food divisions Comments Associated British Foods (OTCPK:ASBFY) (OTCPK:ASBFF) said Tuesday it is reviewing whether to separate its fashion retailer Primark from its food operations, joining a growing list of global companies exploring breakups to sharpen their strategic focus. The review reflects Primark’s significant Quick Insights A separation could unlock value by clarifying each division's performance, allowing focused investment, and potentially improving valuation transparency for both Primark and the food business. AB Foods aims to sharpen strategic focus and help investors better understand each business, responding to trends for clearer valuations and simpler models following recent industry spin-offs. Weaker retail and sugar performance, modest Primark profit growth, and undervaluation of the food business prompted a review to address investor understanding and potential future prospects. Recommended For You More Trending News
