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BlackRock denies politics played role in Africa-Israel sale

Author: Adi Ben-Israel, Globes [Israel], Published on: 26 August 2009

UK investment firm BlackRock...denied reports by..."Norwatch" that it sold its stake in Africa-Israel Investments...because of the company's activity in the West Bank...building homes in Maaleh Adumim...BlackRock did not deny that it had sold its shares in Africa-Israel, controlled by chairman Lev Leviev, but rejected the reasons attributed to the sale. [also refers to Storebrand, Skandiabanken, Danica Pensjon]

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Related companies: Africa Israel BlackRock Lev Leviev Group Storebrand