Nordstrom family and Liverpool propose going-private transaction to acquire Nordstrom, Inc.
09/04/24, 12:45 PM
Location
seattle
mexicoIndustry
retail
fashion
e commerce
The special committee of the Board of Directors of Nordstrom, Inc. has received a proposal from the Nordstrom family and Liverpool, S.A.B. de C.V. to acquire all outstanding shares of the Company, other than those held by the family and Liverpool, for $23.00 per share in cash. The proposal, which involves a combination of rollover equity, cash commitments, and new bank financing, is being carefully reviewed to determine the best course of action for Nordstrom and all its shareholders.
Company Info
Location
Seattle, Washington, United States
Company info
Nordstrom, Inc. is a leading fashion retailer focused on customer service and offering top merchandise. Founded in 1901, it operates over 350 locations and provides a seamless shopping experience both in-store and online. The company has a rich heritage of service and is committed to community engagement. It aims to help customers feel good and look their best.