Since announcing its boycott of Judea and Samaria, “Unilever stock value has plunged 20.7% translating into a $26 billion loss”

J-WIRE
Following boycott on Israel, Unilever shares in unprecedented dive
by Aryeh Savir, TPS
January 20, 2022

Half a year after notifying Avi Singer, the owner of Ben & Jerry’s Israel, of the termination of the company’s contract with him due to his refusal to boycott Judea and Samaria, Unilever shares are in an unprecedented dive. Over the last six months, the company’s stock plunged 20.7% translating into a $26 billion loss. For comparison, the stock of major competitor Nestle has risen 5% in the last six months…Through cooperation with 33 US states that enacted anti-boycott laws against Israel, the Ministry of Foreign Affairs and Jewish communities have managed to trigger the anti-boycott laws against Unilever which led to the withdrawal of investments, holdings and pension funds. READ MORE

This entry was posted in Israel & Middle East, Jewish, Politics and tagged , , , . Bookmark the permalink.

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