Nordstrom to go private in $6.25 billion deal with Nordstrom family and Mexican retail group
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal.
Nordstrom to be taken private in $6.25 billion deal
Nordstrom, the iconic department store chain, is set to be acquired by members of the Nordstrom family and El Puerto de Liverpool, a Mexican retail group, in a deal valued at $6.25 billion. The transaction,
Nordstrom to be acquired for $6.25 billion by Nordstrom family members, Mexican company
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.
Nordstrom Family Strikes Deal to Buy Out Namesake Chain
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.
Nordstrom Family, Liverpool to Take Namesake Department Store Chain Private in $6.25 Billion Deal
Nordstrom Inc. (NYSE: JWN) has signed a definitive agreement with the Nordstrom family and Mexican omnichannel retailer El Puerto de - Company news, News, Washington
Nordstrom family, El Puerto de Liverpool near deal for Nordstrom - report
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,
Who Is the Nordstrom Family? Department Store Goes Private in $6.25B Deal
Nordstrom has been family-owned since being founded in Seattle in 1901 by John W. Nordstrom, a Swedish immigrant.
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
As part of the deal, the Nordstrom family will have majority ownership in the company, with 50.1%, and El Puerto de Liverpool will own 49.9%.
Nordstrom to be taken private by founding family for $4 bln
Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going private at a time when high-end retailers are grappling with slow demand.
Nordstrom agrees to large acquisition with shocking business change
The Nordstrom family tried to make another deal in September, but this time, it joined forces with the Latin American version ...
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Nordstrom Going Private
Under the terms of the agreement, Nordstrom common shareholders will receive $24.25 in cash for each share of Nordstrom ...
Nordstrom: Sell Shares With The Family Takeover Announced
Nordstrom shares rose 29% over the past year on M&A hopes, but the $24.25 buyout offer limits further upside. See why I ...
Nordstrom Family’s Net Worth: How Much Money They Have in 2024
The Nordstrom retail company is about to go private in an all-cash deal worth billions of dollars. Find out how much money ...