The Latest Breaking News from Unilever

Activists say the sale of Ben & Jerry’s Israeli business is part of efforts to punish solidarity with Palestinians.

New York (AFP) - American ice cream brand Ben amp; Jerry's said Tuesday it is suing its parent company Unilever to block a move that would see its product sold in West Bank settlements, which would run counter to its values.

Unilever's (NYSE:UL) short percent of float has risen 205.56% since its last report. The company recently reported that it has 6.42 million shares sold short, which is 0.55% of all regular shares that are available for trading.

The Belgian-based Barry Callebaut factory - which produces chocolate for Hershey, Mondelez, Nestle and Unilever - has suspended operations after salmonella bacteria was found in its factories

Firm says it does not agree with parent company’s decision to sell off brand’s Israeli business

Reuters Hyundai, Affiliates Plan To Set Up New Company In US:

Yesterday Unilever plc (NYSE:UL) sold its Ben & Jerry’s business in Israel to Avi Zinger, the current Israel-based licensee.  Under the terms of Unilever’s acquisition agreement of Ben & Jerry’s in 2000, Ben & Jerry’s was granted rights to make decisions about its social mission. Still, Unilever reserved primary responsibility for financial and operational…

Deal means that the ice cream will be sold in settlements in occupied Palestinian land, despite the brand’s opposition.

Research ‘exposes litany of misleading claims’ by household names, including Coca-Cola and Unilever

Move follows ice-cream brand’s decision to stop selling in Palestinian territories as it was ‘inconsistent’ with its values

Jerusalem (AFP) - Unilever announced Wednesday it has sold its Ben amp; Jerry's interests in Israel to a locally based licensee, clearing the way for renewed ice cream sales in West Bank settlements.