SherriMunnerlyn
VIP Member
- Jun 11, 2012
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Is G4S Poised to Quit Israel in Major Victory for BDS Campaign?
"By Gianluca Mezzofiore The world's biggest security company, G4S, has reiterated its pledge to end key contracts in Israel after pressure by pro-Palestinian groups in a move that some economists have suggested could signal it pulling out of the country altogether." G4S Israel may be next to be divested?" Kean Marden, analyst at Jefferies, told FT after G4S said it would reduce its involvement in settlements inside occupied Palestinian territories."The Israel-Palestine conflict has created reputational issues.The potential disposal of G4S Israel could be announced as soon as the June 25 capital markets day," said Jefferies.The British-Danish firm, which employs 6,000 people in Israel, confirmed it will not renew security contracts at Ofer prison in the West Bank, plus checkpoints and the West Bank police headquarters, when they finish in 2015 ." http://m.ibtimes.co.uk/g4s-drop-contracts-israel-occupied-west-bank-460016.html
BDS is certainly making progress in encouraging companies to end unethical investments in the illegal Settlement enterprise. This is after many protests in front of their offices in the UK.
"By Gianluca Mezzofiore The world's biggest security company, G4S, has reiterated its pledge to end key contracts in Israel after pressure by pro-Palestinian groups in a move that some economists have suggested could signal it pulling out of the country altogether." G4S Israel may be next to be divested?" Kean Marden, analyst at Jefferies, told FT after G4S said it would reduce its involvement in settlements inside occupied Palestinian territories."The Israel-Palestine conflict has created reputational issues.The potential disposal of G4S Israel could be announced as soon as the June 25 capital markets day," said Jefferies.The British-Danish firm, which employs 6,000 people in Israel, confirmed it will not renew security contracts at Ofer prison in the West Bank, plus checkpoints and the West Bank police headquarters, when they finish in 2015 ." http://m.ibtimes.co.uk/g4s-drop-contracts-israel-occupied-west-bank-460016.html
BDS is certainly making progress in encouraging companies to end unethical investments in the illegal Settlement enterprise. This is after many protests in front of their offices in the UK.
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