Motorola Solutions, a telecoms equipment group spun out of the former mobile phone maker, has become the latest company to be hit by some big European pension funds’ ongoing drive to sell out of companies involved in Israel’s occupied territories in the West Bank.
The four Swedish state pension funds, which control Skr1.2 trillion ($138 billion) between them, have opted to sell out of the US company following a recommendation from their joint ethics council, according to a statement from the funds today that accompanied the council's annual report.