REUTERS
Ben & Jerry’s sues parent Unilever to block sale of Israeli business
Jonathan Stempel and Jessica DiNapoli
July 6, 2022
Ben & Jerry’s on Tuesday sued its parent Unilever Plc (ULVR.L) to block the sale of its Israeli business to a local licensee, saying it was inconsistent with its values to sell its ice cream in the occupied West Bank. The complaint filed in the U.S. District Court in Manhattan said the sale announced on June 29 threatened to undermine the integrity of the Ben & Jerry’s brand, which Ben & Jerry’s board retained independence to protect when Unilever acquired the company in 2000…Unilever, in a statement, said it does not discuss pending litigation, but that it had the right to sell the disputed business and the transaction had already closed. READ MORE