New York pension fund to divest $104 million stake in Unilever

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In a statement sent by a spokesman, New York State Comptroller Thomas DiNapoli said a review found the company and its subsidiary “engaged in BDS activities,” referring to the “Boycott Divestment Sanctions” movement that seeks to isolate Israel over its treatment of the Palestinians.

The New York State Common Retirement Fund had Unilever shares valued at $103.6 million as of Sept. 30, according to the statement.