Market
Will Nordstrom's financial performance improve in Q1 and Q2 2025 post-privatization?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Nordstrom's financial reports for Q1 and Q2 2025
Story
Nordstrom to Go Private at $24.25/Share, a 42% Premium, in $6.25B Deal with Family, Liverpool
Dec 23, 2024, 02:31 PM
Nordstrom Inc., the century-old department store chain, has agreed to be acquired and taken private by its founding family and Mexican retail conglomerate El Puerto de Liverpool in an all-cash transaction valued at approximately $6.25 billion, including debt. Shareholders will receive $24.25 per share in cash—a 42% premium over the company's recent stock price—and a special $0.25 dividend. Liverpool is investing $1.712 billion to acquire a 49% stake, while the Nordstrom family will hold majority control. The Nordstrom board of directors unanimously approved the deal, with Erik and Pete Nordstrom recusing themselves from the vote. The family believes the company will be more successful without the scrutiny of the public markets.
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Similar markets
Improved slightly • 25%
Declined • 25%
Improved significantly • 25%
No change • 25%
Remain stable • 25%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease • 25%
Deal completed as planned • 25%
Deal modified • 25%
Deal canceled • 25%
Deal delayed but completed • 25%
Expansion of physical stores • 25%
Diversification into new markets • 25%
No significant change • 25%
Focus on online retail • 25%
Focus on luxury segment • 25%
Expand international presence • 25%
Increase online sales • 25%
Other • 25%
Yes • 50%
No • 50%
Expansion in Latin America • 25%
Cost-cutting and restructuring • 25%
Expansion in North America • 25%
Focus on e-commerce growth • 25%
Reduce public market pressures • 25%
Other • 25%
Financial restructuring • 25%
Strategic realignment • 25%