Wall Street

Unilever sells Ben & Jerry’s Israeli business to defuse BDS row

Published by
Reuters UK

By Henriette Chacar JERUSALEM (Reuters) -Unilever on Wednesday sold its Ben & Jerry’s ice cream business in Israel to its local licensee for an undisclosed sum, aiming to smooth over a potentially damaging diplomatic row over the company’s political stance. The deal comes after the U.S. ice cream brand announced last year it would stop marketing products in the Israeli-occupied Palestinian territories, saying that selling there was “inconsistent” with its values. Under the new arrangement Ben & Jerry’s ice cream will be available to all consumers in Israel and the occupied West Bank. The episo…

Read More

Share this Story
Load More Related Articles
Load More In Wall Street