PENNYS OWNER ABF UNDERRATED BY THE MARKET

George Weston

THE WESTON family, George Weston in particular, pulled off quite the coup when they sold off their Selfridges/Brown Thomas/Arnotts department store group for £4bn last year. These operations were acquired not because they are really big earners but rather as trophy assets. The remaining retail business in the Associated British Foods (ABF) group, based around… Read more »