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Stock impact report

Ben & Jerry's Investments Remain on Ice [Yahoo! Finance]

Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: Yahoo! Finance
State Board of Administration Executive Director Chris Spencer told Gov. Ron DeSantis and the state Cabinet on Tuesday that Unilever has been removed from Florida's list of “Scrutinized Companies that Boycott Israel,” which prohibits state investments and contracts with the companies. Meanwhile, Magnum Ice Cream Co., which now includes Ben & Jerry's, has been added. “Quick note, for those that didn't pay (attention) or didn't notice last week, on Dec. 8, Unilever completed their spin-off of Magnum Ice Cream Co., which now includes Ben & Jerry's,” said Spencer, whose agency manages the massive state pension fund and other investments. “Ben & Jerry's was the offending entity as part of the Unilever overall consolidated entity that was in violation of the statute. As a result of that, we have removed Unilever and all of their affiliated entities, which is 13 different legal entities, from the scrutinized list, and added Magnum Ice Cream to the scrutinized list.” In 2021, DeSantis Show less Read more
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