BayernLB seeks to Divest from DAPL

According to Andrea Marcos, who is active in pushing for BayernLB to divest, “As a result of public pressure, Bavarian owned public bank Bayern LB will divest $120 million from the Dakota Access Pipeline. The Landesbank met in a private financial meeting on Thursday and announced that they will divest. They are currently in the process of making an exit plan. The larger context is that the bank is in process with the government, being a gov-owned bank, and the gov called them to a meeting to discuss the investment in DAPL, and they collectively have decided to divest.”

via BREAKING: German Bank BayernLB seeks to Divest from Dakota Access Pipeline | Last Real Indians

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  1. Pingback: The Good File: 4 | The Good file

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