By: Jacob Magid – The Times of Israel; timesofisrael.com
Ice cream giant, parent company added to state’s list of companies that boycott Israel, which will likely see Texas divest $100 million in state pension funds within 90 days
Texas on Thursday officially added Ben & Jerry’s and its parent company Unilever to a list of companies that boycott Israel over the former’s decision to cease the sale of its products in West Bank settlements, a further step on the path to the state divesting some $100 million from the companies.
“Effective today, the Comptroller’s office has added Ben & Jerry’s and its parent company, Unilever, to the Texas list of companies that boycott Israel,” Texas’s comptroller Glenn Hegar’s office said in a statement.
“This action was undertaken pursuant to Texas Government Code Chapter 808, which defines ‘boycott Israel’ as ‘refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on or limit commercial relations specifically with Israel or with a person or entity doing business in Israel or in an Israeli-controlled territory,” the statement adds.