Consumer Cos Up on Deal Activity -- Consumer Roundup

Retailers and other consumer companies rose amid deal activity.

Cosmetics giant Estée Lauder entered talks to buy luxury fashion brand Tom Ford, The Wall Street Journal reported, in what could be a $3 billion or more deal representing the cosmetics giant's largest-ever acquisition.

Shares of Celsius Holdings surged after sodamaker PepsiCo said it would spend $550 million on a stake in the energy drink maker.

Ben & Jerry's is seeking a fresh court hearing to block Unilever's sale of the ice-cream maker's Israeli unit after mediation talks between the brand and its parent company failed.

 Write to Rob Curran at [e-mail] 

(END) Dow Jones Newswires

08-01-22 1716ET