- Advertisement -Newspaper WordPress Theme
InvestmentsNew York pension fund to divest $104 million stake in Unilever By...

New York pension fund to divest $104 million stake in Unilever By Reuters


¬© Reuters. FILE PHOTO: A fridge bearing the Ben & Jerry’s brand is seen at a meals retailer in the Jewish settlement of Efrat in the Israeli-occupied West Bank July 20, 2021. REUTERS/Ronen Zvulun

BOSTON (Reuters) – Officials of New York’s state pension fund on Thursday stated it is going to divest its holdings in Unilever (NYSE:) Plc in response to gross sales restrictions imposed by the corporate’s Ben & Jerry’s ice cream model in the Israeli-occupied Palestinian territories.

In a press release despatched by a spokesman, New York State Comptroller Thomas DiNapoli stated a overview discovered the corporate and its subsidiary “engaged in BDS activities,” referring to the “Boycott Divestment Sanctions” motion that seeks to isolate Israel over its therapy of the Palestinians.

The New York State Common Retirement Fund had Unilever shares valued at $103.6 million as of Sept. 30, in accordance to the assertion.

Disclaimer: Fusion Media would really like to remind you that the info contained in this web site is just not essentially real-time nor correct. All CFDs (shares, indexes, futures) and Forex costs aren’t offered by exchanges however slightly by market makers, and so costs is probably not correct and should differ from the precise market value, which means costs are indicative and never acceptable for buying and selling functions. Therefore Fusion Media doesn`t bear any accountability for any buying and selling losses you may incur because of utilizing this information.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or injury because of reliance on the knowledge together with information, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding types potential.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive content

- Advertisement -Newspaper WordPress Theme

Latest article

More article

- Advertisement -Newspaper WordPress Theme