Latest Associated British Foods News & Updates

See the latest news and media coverage for ABF. We track all announcements, press releases, and industry mentions in real time, all in one place.

Associated British Foods (ABF)

Diversified international food, ingredients, and retail group

abf.co.uk

Headquarters: London, United Kingdom
Founded year: 1935
Company type: Public company
Number of employees: 10,000+

Last updated Today

Latest news about Associated British Foods (ABF)

In short: ABF announced plans to demerge its fashion retailer Primark from its food operations by 2027 and received CMA clearance for its acquisition of Hovis.

Company announcements

June 16 ABF

ABF welcomes CMA clearance for Hovis acquisition

The food company will now work towards completion of the deal to create a sustainably profitable UK bakeries business.

June 11 ABF

ABF subsidiary Primark appoints Lucy Slinger as CFO

She joins from Ingka Group and has over 20 years at Shell, bringing finance expertise for growth and standalone transition.

June 3 ABF

ABF demerges Primark to focus on food

The move enables investors to better understand ABF's differentiated food portfolio and its growth opportunities.

April 21 ABF

ABF announces demerger of Primark from FoodCo

The Board decided to separate Primark and FoodCo, intending both to be listed and effective before the end of 2027.

Media coverage

June 16 Investing.com

ABF shares fall as Citi adds stock to negative catalyst watch ahead of Q3 update By Investing.com

ABF shares fall as Citi adds stock to negative catalyst watch ahead of Q3 update...

June 16 Reuters

UK's competition watchdog clears ABF's Hovis takeover

Britain's competition watchdog cleared Associated British Foods' acquisition of rival Hovis on Tuesday, after finding that ABF's bakery division would likely exit the market ‌entirely...

June 11 Yahoo Finance

Primark names IKEA vet CFO ahead of planned AB Foods split

Shell alum Lucy Slinger is joining Primark as the latest executive hire as it consolidates plans to become an independent entity.

June 2 Yahoo Finance

AB Foods and ASOS are the most shorted stocks in retail, finds UBS

Investors remain cautious on the European retail sector, though Next PLC (LSE:NXT) and Tesco PLC (LSE:TSCO) continue to rank among the most crowded long positions...

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