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Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal

  • Nordstrom will become a private company after a buyout deal valued at roughly $6.25 billion from Nordstrom's founding family and El Puerto de Liverpool.
  • The Nordstrom family will hold 50.1% ownership, while El Puerto de Liverpool will own 49.9%.
  • Common shareholders will receive $24.25 in cash for each share of Nordstrom common stock they hold.
  • The deal is expected to close in the first half of 2025, and the company's shares will no longer trade publicly.
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