By Isabelle Yr Carlsson
COPENHAGEN, May 28 (Reuters) - The University of
Copenhagen said on Tuesday it would halt investment in companies
that do business in the occupied West Bank amid student protests
pressuring the campus to cut financial and institutional ties
with Israel.
Hundreds of students began campus protests in early May to
express their opposition to Israel's operations in Gaza that
were triggered by deadly attacks by Hamas militants in Israel on
Oct. 7. The students have demanded that the university cuts
academic ties with Israel and divests from companies operating
in occupied Palestinian territories.
The university will, as of May 29, divest its holdings worth
a total of about 1 million Danish crowns ($145,810) in Airbnb ( ABNB )
, Booking.com and eDreams, it said in
a post on social media platform X.
The university said it would work with fund managers to
manage its investments and ensure they comply with a United
Nations list of companies involved in illegal Israeli
settlements in the West Bank.
The University of Copenhagen has a yearly revenue of over 10
billion crowns, some of which is invested in bonds and equities.
Israel captured territories in the West Bank, east Jerusalem
and the Gaza Strip after winning a 1967 war with neighboring
Arab states.
($1 = 6.8582 Danish crowns)