(Reuters) – Cosmetics maker Estee Lauder Cos Inc is in talks to acquire luxury brand Tom Ford in what could be a $3 billion deal, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Estee Lauder and Tom Ford did not immediately respond to Reuters’ requests for comment.
(Reporting by Deborah Sophia in Bengaluru; Editing by Krishna Chandra Eluri)