---
title: "Is Nordstrom one step closer to being privatized? The Nordstrom family is about to reach an agreement with El Puerto de Liverpool"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/222815632.md"
description: "The Nordstrom family is about to sign an acquisition agreement with the Mexican department store chain El Puerto de Liverpool, which may be reached this week. The Nordstrom family has proposed to acquire the company for $3.8 billion and take it private, with family members holding approximately 33.4% of the shares and willing to buy at $23 per share. After the transaction, the Nordstrom family will own 50.1% of the shares, while El Puerto de Liverpool will hold the remaining shares. As a result of this news, Nordstrom's stock price rose over 3% in pre-market trading"
datetime: "2024-12-19T13:36:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/222815632.md)
  - [en](https://longbridge.com/en/news/222815632.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/222815632.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/222815632.md) | [繁體中文](https://longbridge.com/zh-HK/news/222815632.md)


# Is Nordstrom one step closer to being privatized? The Nordstrom family is about to reach an agreement with El Puerto de Liverpool

According to the Zhitong Finance APP, the Nordstrom family and the Mexican department store chain El Puerto de Liverpool (ELPQF.US) are about to sign an agreement to acquire the American high-end retailer Nordstrom (JWN.US). As a result of this news, Nordstrom's stock rose more than 3% in pre-market trading on Thursday. It is reported that the two parties may reach an agreement this week. This process is being "accelerated" and is expected to conclude this year.

In September of this year, members of the Nordstrom family proposed to acquire Nordstrom for $3.8 billion and take it private. This proposal has received support from other family members and funding from El Puerto de Liverpool. According to a letter from Nordstrom CEO Erik Nordstrom to the board, members of the Nordstrom family own approximately 33.4% of the company's outstanding common stock and are willing to buy shares from investors at a price of $23 per share.

It is reported that the alliance between the Nordstrom family and El Puerto de Liverpool proposed a deal in which the Nordstrom family would own 50.1% of the company, while El Puerto de Liverpool would own the remaining shares. El Puerto de Liverpool acquired nearly 10% of Nordstrom's shares about two years ago

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