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University of Manchester withdraws £2m in investments in companies complicit in the occupation of Palestine

THE University of Manchester has withdrawn £2 million of investments in companies involved in Israel’s illegal occupation of Palestinian land.

The decision follows a determined campaign by students and Palestine Solidarity Campaign activists (PSC), though the university has denied that it was influenced by their actions.

The university’s divestment of shares includes those it held in Caterpillar, which supplies Israel with bulldozers and other heavy machinery used to demolish Palestinian homes and communities.

The university has also divested from travel site Booking.com, which is involved in illegal Israeli settlements in Palestine.

The latter was among the 112 companies listed by the UN in February as being complicit in Israeli oppression of Palestinians and illegal occupation of their land.

PSC campaigns officer Lewis Backon said: “Over the last few years PSC has supported students around the UK in launching divestment campaigns on dozens of campuses.

“This victory demonstrates that these campaigns can win and sever universities’ links with Israeli apartheid.”

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