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Colorado Pension to Divest Unilever Shares Over Ben and Jerry’s

Unilever Faces Investor Hurdle As Shadow Of Mega Deals Looms
Photographer: Tiffany Hagler-Geard/Bloomberg

Colorado’s state pension fund will divest a $42 million investment in Unilever PLC after the company’s Ben and Jerry’s subsidiary took economic action against Israel by halting ice cream sales in West Bank settlements, The Denver Post reported Friday.

The divestment is required by a state law pledging support to Israel and opposing sanctions against the country by international corporations such as Unilever for the occupation of Palestine, the Post said.