Associated British Foods
Primark names former Marks and Spencer chief as permanent CEO amid potential demerger
Owner Associated British Foods (ABF) is also considering a potential demerger of the popular retail chain
The Independent UK
3 min read
Primark appoints new permanent boss as parent firm reviews spin-off
Eoin Tonge has been named permanent boss of Primark after predecessor Paul Marchant resigned over an allegation of inappropriate behaviour last year.
Evening Standard
3 min read
The Primark machine suffers a continental splutter at a bad moment
Big fall in sales in rest of Europe means split from owner’s food businesses would be distraction best avoided for year or two
The Guardian - UK
4 min read
FTSE 100 flat as AB Foods and Tesco disappoint
The FTSE 100 index closed down 3.52 points at 10,044.69.
Evening Standard
8 min read
CMA begins full review of Kingsmill owner’s planned takeover of bread rival Hovis
Move by UK competition regulator comes as Associated British Foods, which owns Primark, issues profit warning
The Guardian - UK
3 min read
Primark owner warns over profits after disappointing festive sales
The figures come amid a group-wide review at Associated British Foods that could see Primark spun off with a separate stock market listing.
Evening Standard
3 min read
Primark warns of lower profits after Christmas sales failed to deliver
Primark’s disappointing Christmas comes after the departure of its long standing boss Paul Marchant in March
Evening Standard
3 min read
Competition and Markets Authority to probe ABF’s deal to buy Hovis
In August, Associated British Foods (ABF) struck a deal to buy the 135-year-old business from US private equity owner Endless.
Evening Standard
3 min read
Hovis takeover bid investigated by competition watchdog
The proposed deal would create a major player in the baking sector
The Independent UK
3 min read
AB Foods considers spinning off Primark after annual profits fall
Associated British Foods announced a review of the structure of the group alongside its full-year financial results.
Evening Standard
4 min read
