Nordstrom family secures $6.25 billion deal to take company private

4 days ago  · An acquisition bid was first proposed in September at $23 a share. Prior to the deal, the Nordstrom family owned 33.4 per cent of the company, while El Puerto de Liverpool …


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Nordstrom Family Secures $6.25 Billion Deal To Take Company Private

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4 days ago  · An acquisition bid was first proposed in September at $23 a share. Prior to the deal, the Nordstrom family owned 33.4 per cent of the company, while El Puerto de Liverpool …

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Nordstrom Family Buys Back Retailer At $6.25 Billion Valuation

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3 days ago  · The family will take a majority 50.1% stake in the newly private Nordstrom and take the company private upon completion of the all-cash deal, which will give Liverpool a 49.9% …

forbes.com

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Nordstrom To Be Acquired By Nordstrom Family And A Mexican …

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3 days ago  · 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 with …

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Nordstrom To Be Taken Private In $6.25 Billion Deal - Fast Company

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2 days ago  · 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 with …

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Nordstrom Family Will Take Retailer Private In $4 Bln Deal

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3 days ago  · 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 …

reuters.com

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Nordstrom Accepts Bid To Take Company Private In $6.25 Billion …

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3 days ago  · Under the deal, the Nordstrom family will own 50.1% of the Seattle-based retailer, with Liverpool owning the remaining 49.9%. It's expected to close in the first half of 2025. expand

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Nordstrom Family To Take Chain Private In $6.25 Billion Deal

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3 days ago  · The Nordstrom family is joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction valued at about $6.25 billion, including …

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Founding Family Taking Nordstrom Private For $6.25B - Axios

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3 days ago  · Nordstrom will be taken private by members of its founding family and El Puerto de Liverpool, the company announced today.. Why it matters: The deal values the department …

axios.com

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Nordstrom Goes Private In $6.25 Billion Deal | BoF - The Business …

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3 days ago  · The deal values Nordstrom at $6.25 billion, or about a 40 percent premium to the company’s valuation on March 18, when reports of the deal first emerged. But the price tag is …

businessoffashion.com

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Nordstrom Family Reaches Deal To Take Retail Chain Private

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3 days ago  · What's New. Nordstrom has reached a $6.25 billion buyout deal led by members of the Nordstrom family and Mexican retail giant El Puerto de Liverpool in an effort to take the …

newsweek.com

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Nordstrom To Go Private In $6.25 Billion Deal With Founding Family ...

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Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department …

msn.com

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Who Is The Nordstrom Family? Department Store Goes Private In …

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3 days ago  · The Nordstrom department store chain is set to go private after the Nordstrom family announced on Monday that it had made a $6.25 billion deal to buy all remaining shares in the …

newsweek.com

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Nordstrom Goes Private In $6.25 Billion Family-Led Deal

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4 days ago  · The company announced plans to go private in a $6.25 billion transaction led by its founding family, along with the Mexican retail giant El Puerto de Liverpool. This deal, set to …

ceotodaymagazine.com

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Nordstrom To Be Acquired By Nordstrom Family And A Mexican …

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3 days ago  · 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 with …

detroitnews.com

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Nordstrom To Go Private In All-cash $6.25 Billion Deal. Is It A Good …

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3 days ago  · The deal is valued at $6.25 billion. ... to take the company private. ... the company's board rejected the Nordstrom family's offer to take it private at around $50 per share. Its net …

yahoo.com

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Nordstrom To Go Private In $6.25 Billion Deal With Family And …

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3 days ago  · Nordstrom is set to go private in a $6.25 billion deal led by the Nordstrom family and El Puerto de Liverpool. Shareholders will receive $24.25 per share. The deal, set to close in …

indiatimes.com

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Nordstrom Family To Take Chain Private In $6.25 Billion Deal - MSN

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The Nordstrom family is joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction valued at about $6.25 billion, including debt.

msn.com

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Department Store Chain Nordstrom Strikes $6.25 Billion Deal To Go …

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4 days ago  · After a failed attempt, Nordstrom's founding family has struck a $6.25 billion deal to take the troubled department store chain private, partnering with a Mexican retailer to acquire …

costar.com

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Nordstrom Family Makes Big Move: Plans To Take Company …

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In a significant shift for the well-known luxury retailer, the Nordstrom family has announced an agreement to take Nordstrom Inc. private through a deal valued at $6.25 billion. This decision …

finsworld.com

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Nordstrom To Go Private In $6.25 Billion Deal With Nordstrom …

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Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock they own, or about $4 billion in all, representing a 42% premium on the company's stock as of …

msn.com

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CoStar | #1 Commercial Real Estate Information Company

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Department store chain Nordstrom strikes $6.25 billion deal to go private The family behind the beleaguered Seattle company followed through on a bid to partner with El Puerto de Liverpool, …

costar.com

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Nordstrom Family Takes Department Store Chain Private In $6.25 …

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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 …

msn.com

FAQs about Nordstrom family secures $6.25 billion deal to take company private Coupon?

Will Nordstrom go private?

The century-old department store chain Nordstrom is set to go private in a $6.25 billion acquisition led by the Nordstrom family in partnership with the Mexican retail group, El Puerto de Liverpool. Under this deal, Nordstrom shareholders will receive $24.25 per share, amounting to about $4 billion. ...

Is Nordstrom a private company?

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The company’s board of directors unanimously approved of the transaction, which is expected to close in the first half of 2025. ...

How is the Nordstrom take-private deal financed?

The take-private deal will be financed through a combination of rollover equity by the Nordstrom family and Liverpool, cash commitments by Liverpool, up to $450 million in borrowings under a new $1.2 billion ABL bank financing and company cash on hand. ...

What happened to Nordstrom?

Rivals such as Macy's and Kohl's have been forced to consider sweeping changes under pressure from investors, while Nordstrom's sales have largely stagnated over the past decade. Nordstrom has agreed to be acquired and taken private by Nordstrom family members and El Puerto de Liverpool in a $6.25 billion deal. ...

When did Nordstrom go public?

The company went public in 1971, about eight years after it expanded into a department store. It has been owned by the Nordstrom family during its entire existence, with members of the family taking corporate leadership roles during most of the company's 123-year history. ...

What does the Nordstrom family do?

With this deal, the Nordstrom family and their partners aim to steer the company away from the short-term pressures of public markets and toward a more flexible private ownership model. Who Is the Nordstrom Family? ...

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