Nairobi, Jan 7 - Kenya's Nairobi Stock Exchange has delisted Unilever Tea Kenya Ltd shares after its main shareholder, Brooke Bond, bought out minority shareholders, the bourse said in a statement seen by Reuters on Wednesday.
"This follows a resolution by the shareholders of Unilever Tea Kenya Limited (UTKL) to voluntarily de-list from the NSE and the subsequent approval by the Capital Markets Authority," the bourse statement said.
In September, Brooke Bond, a subsidiary of Anglo-Dutch consumer goods firm Unilever Plc/NV , said it would pay 62 Kenya shillings ($0.787) per share for 5.75 million UTKL shares to take its holding in the tea producer to 97.65 percent.
Shareholders passed a resolution allowing delisting at a special meeting in mid-December.
A Brooke Bond spokesman had earlier said the move was in line with its strategy of achieving a wholly-owned structure within east Africa.