Nordstrom Announces Completion of Acquisition by Nordstrom Family and Liverpool

Nordstrom, Inc. (the “Company”) today announced that Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. (“Liverpool”) (BMV: LIVEPOL) have completed their all-cash acquisition of Nordstrom for $24.25 per share. Shareholders of the Company will also be paid cash dividends of $0.25 per share and $0.1462 per share, reflecting the special cash dividend and a “stub period” quarterly dividend.

With the completion of the transaction, Erik and Pete Nordstrom will lead the Company as Co-CEOs. Nordstrom common stock will cease trading prior to the opening of the New York Stock Exchange (“NYSE”) on May 21, 2025 and will be delisted from the NYSE as of May 21, 2025.

“The completion of this transaction is an important milestone in our nearly 125-year history,” said Erik Nordstrom, co-CEO of Nordstrom. “As we embark on this new chapter, we remain focused on what matters most: providing outstanding service, offering the best merchandise, and ultimately, helping our customers feel good and look their best. We’re grateful to our teams for their hard work on behalf of our business and our customers, and we look forward to building on Nordstrom’s strong foundation to reach even greater heights.”
more at: https://investor.nordstrom.com/news-releases/news-release-details/nordstrom-announces-completion-acquisition-nordstrom-family-and

Back To Top
×Close search
Search