Adri Nieuwhof, The Electronic Intifada, 19 February 2010
"Despite Israel's oppressive tactics against it, the boycott, divestment and sanctions (BDS) movement has marked additional victories with many institutional investors divesting from or blacklisting Israeli military contractor Elbit Systems. One of the largest Dutch pension funds told The Electronic Intifada today that it is selling off its shares in Elbit.
The wave of divestment follows campaigning by Palestinian organizations and international solidarity activists to divest from companies profiting from the Israeli occupation.....
The movement by Scandinavian institutional investors to divest from or exclude Elbit Systems will influence other European investors to do the same. The two largest Dutch pension funds, ABP and PFZW are the focus of a coalition of Palestine solidarity activists, organizations and concerned citizens who are currently pressuring the two pension funds to follow the Scandinavian example and divest from Elbit and other companies profiting from the Israeli occupation.
This pressure seems to be paying off. ABP informed The Electronic Intifada today that it has sold its US $2.7 million shares in Elbit Systems."
"Despite Israel's oppressive tactics against it, the boycott, divestment and sanctions (BDS) movement has marked additional victories with many institutional investors divesting from or blacklisting Israeli military contractor Elbit Systems. One of the largest Dutch pension funds told The Electronic Intifada today that it is selling off its shares in Elbit.
The wave of divestment follows campaigning by Palestinian organizations and international solidarity activists to divest from companies profiting from the Israeli occupation.....
The movement by Scandinavian institutional investors to divest from or exclude Elbit Systems will influence other European investors to do the same. The two largest Dutch pension funds, ABP and PFZW are the focus of a coalition of Palestine solidarity activists, organizations and concerned citizens who are currently pressuring the two pension funds to follow the Scandinavian example and divest from Elbit and other companies profiting from the Israeli occupation.
This pressure seems to be paying off. ABP informed The Electronic Intifada today that it has sold its US $2.7 million shares in Elbit Systems."
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