Agri-Business
Associated British Foods (ABF) has confirmed its decision to proceed with a "demerger" of its retail arm Penneys and its food division.
Penneys' parent company, Associated British Foods (ABF), is set to release a structural review to separate its retail and food businesses.
N.Ireland
ABF has announced that it has reached an agreement to acquire Hovis Group Ltd from its current owners, Endless LLP for an undisclosed sum.