Market
Liverpool's ownership percentage in Nordstrom post-acquisition?
3
Resolution / Starting Odds
Less than 49% • 25%
49.9% • 25%
50% to 60% • 25%
More than 60% • 25%
Official press releases from Nordstrom or El Puerto de Liverpool, SEC filings
Story
Nordstrom Going Private at $24.25/Share in $6.25B All-Cash Deal with Family, Liverpool
Dec 23, 2024, 03:26 PM
Nordstrom has agreed to be acquired and taken private in an all-cash transaction valued at approximately $6.25 billion. The Nordstrom family is partnering with Mexican retail group El Puerto de Liverpool to purchase the company at $24.25 per share, representing a 42% premium for shareholders. The deal includes a special $0.25 dividend and will result in the Nordstrom family holding a 50.1% ownership stake, while Liverpool will hold 49.9%. The Nordstrom board of directors unanimously approved the transaction, with Erik and Pete Nordstrom recusing themselves from voting. The company believes it will be more successful without the scrutiny and demands of the public market. The transaction is expected to close in mid-2025.
View original story
Similar markets
Elon Musk • 25%
Ownership dispute • 25%
Remains with FSG • 25%
Another buyer • 25%
Less than 50% • 25%
50% to 54.7% • 25%
54.7% to 60% • 25%
More than 60% • 25%
Increase by more than 5% • 25%
Decrease • 25%
No change • 25%
Increase by up to 5% • 25%
No purchase made • 25%
Musk purchases majority stake • 25%
Musk purchases minority stake • 25%
Other outcome • 25%
Cost-cutting and restructuring • 25%
Expansion in North America • 25%
Expansion in Latin America • 25%
Focus on e-commerce growth • 25%
Musk buys Liverpool FC • 25%
No negotiations initiated • 25%
Negotiations ongoing • 25%
Musk does not buy Liverpool FC • 25%
Deal delayed but completed • 25%
Deal completed as planned • 25%
Deal modified • 25%
Deal canceled • 25%
Mostly Positive • 25%
Divided • 25%
Neutral • 25%
Mostly Negative • 25%