The business will be acquired by members of the family and El Puerto de Liverpool, a Mexican real estate and department store company that has owned a stake in Nordstrom since 2022.

The Nordstrom family and Mexican department store chain El Puerto de Liverpool (OTCPK:ELPQF) are close to signing a deal to purchase Nordstrom Inc. (NYSE:JWN). An agreement could be reached this week or if not before the end of the year,

Nordstrom will be go private after it's acquired for $6.25 billion by Nordstrom family members and El Puerto de Liverpool, a Mexican department store chain.