financetom
Business
financetom
/
Business
/
Ben & Jerry's says parent Unilever mandating silence on Trump
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ben & Jerry's says parent Unilever mandating silence on Trump
Feb 14, 2025 8:16 AM

NEW YORK, Feb 14 (Reuters) - Ben & Jerry's ( UL ) accused its

parent Unilever ( UL ) of demanding its silence toward U.S.

President Donald Trump, as it prepares to spin off the ice cream

brand later this year.

In a Thursday night filing in Manhattan federal court, Ben &

Jerry's ( UL ) said Unilever ( UL ) ice cream chief Peter ter Kulve earlier in

the day unilaterally banned it from "issuing any posts

criticizing President Trump" pending further review.

Ben & Jerry's ( UL ) said ter Kulve cited Unilever's ( UL ) restructuring

in defending his actions, saying it created a "new dynamic" in

an "unprecedented time."

Ter Kulve previously banned a planned post on hot-button

issues when Trump was inaugurated on January 20 because the post

mentioned Trump, Ben & Jerry's ( UL ) has said.

Unilever ( UL ) did not immediately respond on Friday to requests

for comment. Ben & Jerry's ( UL ) did not immediately respond to a

similar request.

Ben & Jerry's ( UL ) accusations came in its lawsuit seeking to

stop Unilever's ( UL ) alleged efforts to dismantle its independent

board and end its social activism.

Many companies have altered social policies, including on

diversity, or appeared to show deference toward Trump since he

began his second White House term.

Ben & Jerry's ( UL ) has had a socially conscious mission since

being founded by Ben Cohen and Jerry Greenfield in 1978.

Unilever ( UL ) bought Ben & Jerry's ( UL ) in 2000. They have battled

publicly since 2021, when Ben & Jerry's ( UL ) halted sales in the

Israeli-occupied West Bank. Its business there was later sold.

The planned spinoff comes as Unilever ( UL ) simplifies its product

portfolio, which has dozens of brands including Dove,

Hellmann's, Knorr, Surf and Vaseline.

Unilever ( UL ) on Thursday chose Amsterdam over London and New

York for the primary listing when it spins off Ben & Jerry's ( UL ),

Breyers, Magnum and other ice cream brands as a standalone

company. Ice cream revenue totaled 8.3 billion euros ($8.72

billion) in 2024.

The case is Ben & Jerry's Homemade Inc v Unilever ( UL ) et al,

U.S. District Court, Southern District of New York, No.

24-08641.

($1 = 0.9519 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Synopsys, Vector Informatik Team Up to Boost Development of 'Software-Defined Vehicles'
Synopsys, Vector Informatik Team Up to Boost Development of 'Software-Defined Vehicles'
Mar 10, 2025
04:30 AM EDT, 03/10/2025 (MT Newswires) -- Synopsys ( SNPS ) has formed a strategic partnership with Vector Informatik to advance the development of software-defined vehicles, the companies said Monday in a joint statement. The collaboration leverages Synopsys' ( SNPS ) virtualization solutions and Vector's MICROSAR and CANoe software solutions to deliver an integrated offering to provide ready-to-use virtual electronic...
China's car sales rise 1.3% in first two months of 2025
China's car sales rise 1.3% in first two months of 2025
Mar 10, 2025
BEIJING (Reuters) -China's car sales inched up 1.3% in the first two months of 2025 from the same period a year earlier, as an expanded customer subsidy programme spurred auto demand while a new smart electric vehicle price war unfolds. Passenger vehicle sales rose 26.1% year-on-year to 1.41 million units in February, following a 12% fall in January, data from...
Fitch assigns negative outlook to India's Adani Energy on US probe risks
Fitch assigns negative outlook to India's Adani Energy on US probe risks
Mar 10, 2025
(Reuters) - Fitch Ratings has assigned a negative outlook to Indian energy infrastructure company Adani Energy Solutions Limited, citing concerns over corporate governance and potential risks from ongoing U.S. investigations. The action comes months after U.S. authorities accused billionaire Gautam Adani and top Adani Group executives of paying $265 million in bribes for Indian power contracts and misleading U.S. investors...
China's car sales rise 1.3% in first two months of 2025
China's car sales rise 1.3% in first two months of 2025
Mar 10, 2025
* Car sales +26.1% in Feb vs -12% in Jan * EV, PHEV sales dwarfed by gasolines for third straight month * Automakers scramble under BYD-led smart EV price war (Adds details and context, paragraphs 4-16, adds charts) BEIJING, March 10 (Reuters) - China's car sales inched up 1.3% in the first two months of 2025 from the same period...
Copyright 2023-2026 - www.financetom.com All Rights Reserved