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ABF pondering Primark sell-off
The Journal
|November 05, 2025
CONSUMER goods giant ABF is considering selling off fashion brand Primark as it undertakes a "comprehensive review" of the business.
ABF, which founded Primark - then known as Pennies - in Dublin in 1969, said "no decision" has been taken yet.
The strategic review will be carried out with the help of the advisory firm Rothschild & Co, with the backing of its largest shareholder, the Weston family's Wittington Investments.
The FTSE 100 company said the family, which owns 59% of ABF, remained "committed to maintaining majority ownership of both businesses".
यह कहानी The Journal के November 05, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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