Ice Cream Maker Ben & Jerry’s Israeli Boycott Threatens Unilever’s Market Cap as U.S. States Drop Holdings

Posted on 09/17/2021

Ice cream maker Ben & Jerry’s announced its boycott to Israel in August 2021, triggering numerous U.S. state anti-boycott laws. Since then Unilever’s market capitalization has dropped by nearly US$ 14 billion. Unilever PLC is the parent company of ice cream maker Ben & Jerry’s Homemade Inc. New Jersey Division of Investment manages investments for […]

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