JTA: New Jersey divests from Denmark’s largest bank to comply with state anti-BDS law

New Jersey divested from Denmark’s largest bank in order to comply with a state law against the Boycott, Divestment and Sanctions or BDS movement against Israel.

In late December, the New Jersey state government sold off its investments in Danske Bank, which has on its list of excluded companies two Israeli defense companies – Aryt Industries and Elbit Systems – which the bank says violates its social responsibilities policies.

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