Florida pension leader says on track to restrict Unilever By Reuters

September 21, 2021 admin Stock News 0

© Reuters. FILE PHOTO: Unilever headquarters in Rotterdam, Netherlands August 21, 2018. REUTERS/Piroschka van de Wouw

(Corrects headline and first paragraph to show state on track to restrict purchases, not divest current holdings)

BOSTON (Reuters) – Florida’s top pension investment officer said on Tuesday he expects the state will restrict purchases of Unilever (NYSE:) PLC in 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.

(This story corrects headline and first paragraph to show state on track to restrict purchases, not divest current holdings)

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