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.
Iconic retailer Nordstrom, reshaped by digital commerce, set to go private in $6.25B deal
Seattle-based Nordstrom has agreed to be acquired and taken private by members of the longtime retail family and El Puerto de Liverpool, a Mexican retailer, in an all-cash-deal valued at $6.25 billion, the company announced Monday.
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 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 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 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 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 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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Nordstrom Is Being Taken Private. Why Its Stock Is Dropping.
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 ...