Nordstrom Family and Liverpool Complete Acquisition of Nordstrom

Nordstrom Family and Liverpool Complete Acquisition of Nordstrom

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WilmerHale lawyers have decades of experience advising public and private companies in all aspects of mergers and acquisitions.

On May 20, 2025, Nordstrom, Inc., a leading fashion retailer, announced that Erik, Pete, Jamie Nordstrom, and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V., a Mexican retail group, completed their all-cash acquisition of Nordstrom for $24.25 per share. Shareholders of the Company will also receive a special cash dividend of $0.25 per share and a “stub period” quarterly dividend of $0.1462 per share. With the completion of the transaction, the Nordstrom family gains majority ownership of the company they founded 125 years ago, and Erik and Pete Nordstrom will lead the Company as Co-CEOs.

Led by partner Keith Trammell, WilmerHale served as lead counsel for the Nordstrom family. Partners Chalyse Robinson and Glenn Pollner led the financing and capital markets components with assistance from Associate Rebecca Beames, and Partners Daniel Halston and Robert Kingsley Smith are representing the Nordstrom family in pending litigation related to the transaction.

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