Unilever's sale to Zinger effectively overrides the decision by Ben & Jerry's independent board last summer.
Ben & Jerry's and its board chair, Anurandha Mittal, did not immediately respond to requests for comment. Sources inside the company said the board is likely to meet soon to discuss the issue. Mittal was seen as being behind the original decision to pull out of Israel. Ben & Jerry's Jewish founders, Bennett Cohen and Jerry Greenfield defended the decision in an op-ed to the New York Times last summer.
Ben & Jerry's decision to pull out of parts of Israel last year was controversial and triggered several states including Florida, Texas, New Jersey and Colorado to start divesting their shares of Unilever.A scoop on Ben and Jerry's Cherry Garcia ice cream on Free Cone Day in 2016. A representative for activist investor Nelson Peltz, who is set to join Unilever's board next month, said in a statement that Trian Partners"commends the Unilever team and Avi Zinger for reaching this new arrangement to keep Ben & Jerry's in Israel and ensure its ice cream stays available to all consumers. Respect and tolerance have prevailed."
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