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Unilever Nigeria calls shareholder vote over sale of spreads business

Reuters - UK Focus

LAGOS, May 10 (Reuters) - Unilever Nigeria plans to hold shareholder meeting on May 10 to vote on the proposed sale of its Blue Band margarine business, the company said on Thursday.

The brand, made and distributed by Unilever Nigeria in the west African country, is being sold by parent Unilever (Amsterdam: UZ8.AS - news) as part of the 6.8 billion euro ($8.1 billion) sale of its Flora Food Group spreads arm to private equity firm KKR .

($1 = 0.8412 euros) (Reporting by Chijioke Ohuocha; Editing by Mark Potter)