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Primark goes global as parent firm mulls £10bn split

Primark is preparing for a major global expansion as its parent company, Associated British Foods, considers spinning off the retail giant into a separate entity. A decision on the potential split, which could value Primark at over £10 billion, is expected in April during the group's half-year results. The move comes after a turbulent year for Primark, including leadership changes and a renewed focus on international growth, with new stores planned for Dubai, Kuwait, and the United States. Investors are urging the company to accelerate its push into emerging markets such as India, aiming to capitalize on rapidly growing consumer demand. The Weston family, who control a majority stake in Associated British Foods, are expected to remain closely involved with both businesses if the demerger proceeds.

Original article source: https://www.dailymail.co.uk/money/markets/article-15271879/Primark-goes-global-parent-firm-mulls-10bn-split.html
Source Id: 2025-11-887048024

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