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Stock impact report

Florida pension leader says on track to restrict Unilever [Reuters]

Unilever PLC (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: Reuters
PLC (ULVR.L) assets starting in late October after the company's Ben & Jerry's brand halted sales in the Israeli-occupied West Bank. Ash Williams, chief investment officer of the Florida State Board of Administration, which oversees pension assets, said at a webcast state hearing that "we've not seen any meaningful response from Unilever" after discussions with the company. Unilever and Ben & Jerry's representatives did not immediately respond to requests for comment. Some other U.S. states have moved to sell Unilever stock and bonds after the Ben & Jerry's move , saying like Florida that the company violated rules against boycotts of Israel. Florida's funds have about $139 million worth of Unilever stock, bonds and subsidiary holdings. State rules would not require the sale of those assets but would prohibit pension leaders from further purchases as of Oct. 26 unless the company changes course. Vermont-based Ben & Jerry's said in July it would stop doing business in the "Oc Show less Read more
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