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Home Business

Nordstrom family will take retailer private in $4 bln deal 

23 December 2024
in Business
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Nordstrom family will take retailer private in  bln deal 
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In a significant development, Reuters reported that Nordstrom is set to be acquired by the founding family and Mexican retailer El Puerto de Liverpool in a deal worth $6.25 billion, encompassing debt. This acquisition marks a major move in the business and finance sector, with Reuters leading in breaking the news well ahead of other sources. The deal’s enterprise value and regional impact highlight its importance in the Americas, underlining a significant shift in the retail industry.

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Tags: blndealfamilyNordstromPrivateretailer
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