In 2023, Ben & Jerry’s said Unilever announced that it had sold Ben & Jerry’s intellectual property in Israel and the Occupied Palestinian Territory to a distributor who would continue sales in the settlements – a move the ice-cream maker claimed breached its merger agreement.
In March 2024, Unilever, the owner of some 400 brands, announced plans to spin off its ice-cream business — including Ben & Jerry’s — after more than a century.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
UL | UNILEVER PLC | 58.71 | -1.01 | -1.69% |
Ben & Jerry’s said in court documents Tuesday that Unilever “failed to engage with the Independent Board in good faith regarding how the restructuring will preserve the rights, duties, and obligations specified in the parties’ agreements, including Ben & Jerry’s Social Mission and Brand Integrity and the Independent Board’s authority over the same.”