Texas may withdraw its investments from Ben & Jerry’s parent company Unilever, after the ice cream company decided to boycott Judea and Samaria, Texas State Comptroller Glenn Hegar announced on Thursday.
Hegar said he directed his staff to determine whether Ben & Jerry's or Unilever took any action that would trigger his state's anti-boycott law.
Texas’ pension fund amounts to over $100 million, according to Bloomberg, and Unilever is included in its portfolio.
Texas Government Code Chapter 808 prohibits the government from investing its pension fund in any party that boycotts Israel. It 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 an Israeli-controlled territory."... Read More: JPost