Ben & Jerry's, Unilever Fail to Reach Out-of-Court Deal on Israeli Dispute, Reuters Reports
July 29 2022 - 3:22AM
Dow Jones News
--Ben & Jerry's and its parent company Unilever PLC's talks
to reach an out-of-court agreement on a dispute over the sale of
its Israeli business to a licensee have broken down, sending the
issue back to a federal judge, Reuters reports, citing an unnamed
source.
--The talks didn't work out because the ice-cream maker doesn't
want to "cave" on its social mission and stance on Palestinian
human rights, according to Reuters, citing a source.
--Ben & Jerry's sued the consumer-goods giant earlier in
July to block the sale of the business in Israel, as it said the
decision was made without the approval of the brand's independent
board of directors.
Full story: https://reut.rs/3vpowQz
(END) Dow Jones Newswires
July 29, 2022 03:07 ET (07:07 GMT)
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