Nordstrom to go private in $6.25 billion deal with family and Mexican partner

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 2025, will offer more operational flexibility as the company navigates challenges in the retail sector.

Nordstrom to go private in $6.25 billion deal with family and Mexican partner
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 2025, will offer more operational flexibility as the company navigates challenges in the retail sector.