What is the relationship between 'Primark' and 'Associated British Foods' in the context of the input sentence.
Options: headquarters location, owned by, position held, founded by

Primark owner pleases investors Revenues were flat at Primark owner Associated British Foods (LSE: ABF.L - news ) in the 40 weeks to 20 June, but up 2% against the same period last year if currency moves are ignored.
owned by