AB Foods in talks about selling Kingsmill bread division Allied Bakeries

  • Primark's parent company Associated British Foods PLC (LSE:ABF) has confirmed that it is in talks about potentially selling its Allied Bakeries business.  The FTSE 100 group made the statement in response to recent media speculation, adding that it is "in discussions" with Endless, the owner of bread brand Kingsmill, about a potential deal.