Shares of retailers and other consumer companies were more or less flat as growth worries were offset by deal activity.
Wm Morrison Supermarkets said it's in talks over a possible auction to resolve a competitive situation between Clayton Dubilier & Rice and a consortium led by Fortress Investment Group.
Four Seasons Hotels and Resorts said Cascade Investment, the investment vehicle of Microsoft co-founder Bill Gates, agreed to buy a controlling stake in the company, valuing the luxury hotel chain at $10 billion.
Cotopaxi, an outdoor gear and apparel brand that donates 1% of its revenue to fighting poverty, raised capital from investors including Bain Capital's impact investing arm.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
09-08-21 1707ET
