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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Coverage Details
Total News Sources0
Leaning Left21Leaning Right17Center47Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 25%
C 55%
R 20%
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