Nordstrom Family Regains Control Of Namesake Company With Help From Mexican Retail Giant Liverpool
Nordstrom Inc. has accepted a bid valued at $6.25 billion from the Nordstrom family and Mexican retailer El Puerto de Liverpool to take the company private.
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 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 Announces It Will Go Private As Namesake Family Retakes Control Of $6.25 Billion Retailer
The great-grandsons of Nordstrom’s founder lead a family group which will take over the company after 53 years on public markets.
Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal
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 Family Reaches Deal to Take Retail Chain Private
In an effort to take Nordstrom private, a deal with El Puerto de Liverpool will include the assumption of over $2 billion in Nordstrom's debt.
Nordstrom family takes department store chain private in $6.25 billion deal
Members of the Nordstrom family are taking its namesake department store chain private with Mexican retailer El Puerto de Liverpool, in a deal announced Monday that values the company at $6.25 billion.
Nordstrom to go private after family-led buyout for $6.25bn
After the acquisition, the Nordstrom family will own a 50.1% stake while El Puerto de Liverpool will hold the remaining 49.9%.
Nordstrom to be acquired by Nordstrom family and a Mexican retail group for $6.25B
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group for $6.25 billion, the company said Monday.
Nordstrom family will take retailer private in $4 billion deal
The Nordstrom family teamed up with Mexican retailer Liverpool to clinch a $4 billion deal to take iconic department store chain Nordstrom private, six years after a similar attempt fell short. Nordstrom and rivals such as Macy's have become enticing takeover targets in recent years as sales have slowed and shares have slumped.
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Today marks an exciting new chapter for the business,” CEO Erik Nordstrom said. “On behalf of my family, we look forward to ...
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Nordstrom acquisition sees company go private
Nordstrom is to be acquired by the Nordstrom family and Mexican retailer El Puerto de Liverpool in an all-cash transaction ...