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Nordstrom has reached a Trade of 6.25 billion dollars and will be delisted from the US stock market.
On Monday, the USA luxury department store chain Nordstrom announced that it has agreed to a acquisition trade valued at approximately $6.25 billion with Nordstrom's founding family and the Mexican department store El Puerto de Liverpool, after which it will become a private company. The Board of Directors unanimously approved the trade, which is expected to be completed in the first half of 2025. As part of the trade, the Nordstrom family will own a majority stake of 50.1% in the company, and El Puerto de Liverpool will...
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