FTSE confirms new Unilever not eligible for UK blue chip index

By Martinne Geller and Simon JessopLONDON (Reuters) - Consumer goods giant Unilever will not be included in Britain's blue-chip FTSE 100 index once it ends its dual-headed structure, index compiler FTSE Russell said. The exclusion risks angering some UK shareholders whose approval is needed to complete the restructuring, which is aimed at making Unilever more agile, particularly when it comes to mergers and acquisitions.

The confirmation came in a notice posted on the exchange's website https://bit.ly/2O9xGcr and confirms previous guidance.

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