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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

ABF poised to reveal result of Primark and food business demerger plan

Shoppers walk past a Primark store entrance in Edinburgh
Conflict in the Middle East is expected to have added to pressures on Primark revenues. Photograph: Murdo MacLeod/The Guardian

Primark may break free from Kingsmill, Twinings and the sugar business this week when Associated British Foods announces plans on a mooted demerger.

The potential split comes at a tricky time for the group controlled by the billionaire Weston family, with its fashion and food arms facing tough competition and rising costs.

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