“Ice cream is not politics”: Florida will stop investing in Unilever

“Ice cream is not politics”: Florida will stop investing in Unilever
“Ice cream is not politics”: Florida will stop investing in Unilever

Due to the decision not to allow the sale of ice cream in all areas of Israel, starting tomorrow (Tuesday) the state of Florida will stop purchasing shares of Unilever, the parent company of the global Ben & Jerry’s company.

“Israel and Florida are true societies, any organization, or body that boycotts Israel, will not receive an additional dollar from Florida funds,” Jimmy Theo Patronis Jr., Florida’s chief financial officer, wrote on his Twitter page.

To date, Florida has invested approximately $ 139 million in Unilever shares, an investment that will be discontinued following the decision of the subsidiary Ben & Jerrys not to sell ice cream in Israeli territory, as stated.

In recent weeks, Texas, Arizona and New Jersey have also been added to the list of states that have imposed sanctions on Unilever. Moreover, other of the 35 states that have enacted laws against BDS activity are considering imposing heavy economic sanctions on the company, including New York, Illinois and Maryland.

“The State of Florida has also entered the list of states that are clearly and decisively working against the boycott of the State of Israel and its citizens,” Avi Singer, CEO and owner of Ben & Jerrys Israel, responded to the news. Florida announced three months ago that it was considering legal action against Unilever. “The investments are from Unilever, thereby proving to the world that ice cream is not part of politics.”

Source

Ice cream politics Florida stop investing Unilever

 
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