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Bakery to be sliced?

26-Nov-2007

The future of Allied Bakeries hangs in the balance according to press reports, which claimed parent group Associated British Foods (ABF) considered its bread business to be "non-core and non-strategic"

In July, Food Manufacture reported Investec analyst David Lang who suggested ABF might be looking to offload Allied, which was "fighting for survival" and "starting to look vulnerable"

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