Nordstrom agrees to $6.25 bln buyout deal from founding family

Nordstrom

23/12/2024 13:36

Dec 23 (Reuters) - Nordstrom  JWN.N  said on Monday it
would be acquired by its founding family and Mexican retailer El
Puerto de Liverpool in an all-cash deal valuing the department
store chain at about $6.25 billion.

 (Reporting by Savyata Mishra in Bengaluru; Editing by Devika
Syamnath)
 ((Savyata.Mishra@thomsonreuters.com;))