AB Foods to Separate Its Budget Fashion Chain Primark

Associated British Foods Plc will separate budget apparel chain Primark from the rest of its business, in a breakup of one of the UK’s biggest conglomerates.

By Katie Linsell, Maddie Parker · Bloomberg Markets

Associated British Foods Plc will separate budget apparel chain Primark from the rest of its business, in a breakup of one of the UK’s biggest conglomerates.