NEW

Twelve Attys. Gen. Tell Unilever CEO to Back Off Ben & Jerry’s Israel Boycott

Twelve states' attorneys general sent a letter to Unilever CEO Alan Jope on Monday urging him to rescind his company's planned boycott of sales of Ben & Jerry's products in...

Pro Sports Boss Puts NBA to Shame in Defense of Missing Chinese Athlete

In contrast to the cowardly National Basketball Association and its Commissioner Adam Silver, who remain silent in order to retain their relationship with the brutal Chinese...

WATCH: Congresswoman Rips Lack of House Scrutiny on Ilhan Omar

https://youtu.be/4E0g0yMoyQY Rep. Lauren Boebert of Colorado on Wednesday called out the Democrat-controlled House's actions against her Republican colleague, Rep. Paul Gosar of...

Enes Kanter Takes Aim at LeBron Over His Silence on China

The Celtics host the Lakers for the first time this NBA season on Friday night, and neither outspoken human rights advocate Enes Kanter nor All-Star player LeBron James (pictured...

Palestinian Rights Activist Says Ben & Jerry’s Boycott Hurts HIS People

The New York Post reported Wednesday that a Palestinian human rights activist, Bassem Eid (pictured), has filed a complaint in New York that alleges Ben & Jerry's boycott of...

WATCH: Enes Kanter Keeps Pressure on NBA, Nike

Boston Celtics center Enes Kanter continued his pressure campaign this week against the NBA and Nike in an appearance on PBS's "Amanpour and Company," saying that the athletic...

BLM Disavows NYC Activist Who is Threatening Violence Against the City

The black activist who threatened new violence in New York City after Mayor-elect Eric Adams said he plans to reinstate NYPD's Anti-Crime unit, which had been disbanded after...

VIDEO: De Blasio Giving Unilever ‘One More Chance’ Before NYC Divests?

https://youtu.be/XeRaKVuuyuY Claiming that he opposes the Boycott, Divestment and Sanctions movement, New York City Mayor Bill de Blasio told a reporter for a Jewish newspaper on...

Unilever Defended Doing Business in Countries with Human Rights Abuses

Daily Caller reported over the weekend that Unilever, the supportive parent company of anti-Semitic ice cream maker Ben & Jerry's, defended selling its products in nations...

NYC Comptroller Bashed for Not Divesting from Unilever/Ben & Jerry’s

The State of New York's Comptroller, Thomas DiNapoli, has withdrawn the state's pension investments from British conglomerate Unilever over subsidiary Ben & Jerry's business...

Activist Investor Buys Stake in Unilever; Warns Ben & Jerry’s is Hurting Business

Investor Michael Ashner, who runs activist fund Winthrop Capital Partners, has bought a stake of an undisclosed amount in British conglomerate Unilever, in order to escalate shareholder pressure against the company’s failure to act against subsidiary Ben & Jerry’s over its boycott of Israel.

The New York Post explains:

He’s agitating for other shareholders to push the company to reverse Ben & Jerry’s decision to stop selling ice cream in the disputed Israeli-Palestinian territories.

 

He’s launched the Coalition to Hold Unilever Accountable and says he’s meeting with lawmakers and financiers to bring visibility to what he says is Unilever’s abdication of responsibility when it comes to managing Ben & Jerry’s.

 

Unilever is allowing Ben & Jerry’s to set policy that puts Unilever’s broader business at risk, Ashner contends — and what’s more, the company isn’t acknowledging the financial risks of wading into such a thorny social issue.

 

“Unilever is knowingly misleading its shareholders by failing to disclose in its regulatory filings the material risks to its business and valuation,” Ashner told The Post.

 

“The proposed termination of sales of its ice cream in the occupied West Bank and East Jerusalem of Israel has, among other things, directly resulted in the divestment and proposed divestment of more than $325 million of Unilever shares by a number of states, as well as proposed boycotts of Ben & Jerry’s and Unilever products,” Ashner said, based on his calculations.

The Post adds that Ashner, an expert on the New York City property market, has successfully waged many proxy battles against real estate companies.

Previous

Next

Tags: anti-Semitism, Ben and Jerry's, Israel, Unilever