Nordstrom (JWN) may soon return to its roots as a private business. The founding Nordstrom family, who owns roughly 33% of shares, is teaming up with retail investor El Puerto de Liverpool, who ...

The Nordstrom family has agreed to sell its luxury retail chain to a Mexican department store conglomerate at a deal valued at around $6.25 billion.

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.

The Nordstrom family offered $3.8 billion to take the company private -- a steep discount from a bid it made six years earlier as department stores continue to get slammed by dwindling mall traffic.

Universal Images Group via Getty Images Nordstrom just announced it looks favorably on a bid from Mexican retailer El Puerto de Liverpool to help take the company private.

The proposal calls for the merger consideration to be financed “through a combination of rollover equity and cash commitments by members of the Nordstrom family and Liverpool and $250 million in new ...

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.

The Nordstrom family and El Puerto de Liverpool have offered $3.8 billion to take the company private, bringing the department store group back into the family’s hands.

Nordstrom has received a bid from Nordstrom family members and El Puerto de Liverpool to take the company private in a deal valued at $3.76 billion.

Nordstrom's current take private offer is fair, pros say, as past missteps cost its chance at growth Brooke DiPalma September 6, 2024 ...

The family-run business has made a series of questionable moves as the company now weighs going private.