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Nordstrom Inc (JWN)

JWN on New York Consolidated

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16 Oct 2017
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Mon, Oct 16 2017

UPDATE 2-HBC falls after shelved Nordstrom privatization plan drags down retailers

TORONTO/BENGALURU, Oct 16 Shares in Hudson's Bay Co, which is reviewing strategic options including privatization, fell as much as 5.5 percent on Monday, after rival Nordstrom Inc's failed attempt to go private spooked sentiment for other U.S. retailers, analysts said.

Nordstrom family suspends attempt to take U.S. retailer private

Nordstrom Inc said on Monday that a founding family group had suspended attempts to take the U.S. department store operator private because of difficulties in arranging debt financing for its bid ahead of the key holiday shopping season.

UPDATE 2-Nordstrom family suspends attempt to take U.S. retailer private

Oct 16 Nordstrom Inc said on Monday that a founding family group had suspended attempts to take the U.S. department store operator private because of difficulties in arranging debt financing for its bid ahead of the key holiday shopping season.

Nordstrom family suspends attempt to take retailer private

Oct 16 Nordstrom Inc said on Monday its founding family had suspended attempts to take the upscale retailer private for the rest of the year due to difficulties in arranging funds for the deal ahead of the holiday season.

BRIEF-Nordstrom family to temporarily suspend exploring going private deal for Nordstrom

* In light of difficulty obtaining debt financing in current retail environment, suspended exploration of going private deal for rest of year‍​

BRIEF-Nordstrom opens at CF Sherway Gardens in Toronto

* Company plans to open six Nordstrom Rack stores in Canada next year Source text for Eikon: Further company coverage:

Nordstrom family chooses Leonard Green as buyout partner: source

Nordstrom Inc's founding family has selected private equity firm Leonard Green & Partners to help take the high-end retailer private, according to a source familiar with the matter.

UPDATE 1-Nordstrom family chooses Leonard Green as buyout partner - source

Sept 12 Nordstrom Inc's founding family has selected private equity firm Leonard Green & Partners to help take the high-end retailer private, according to a source familiar with the matter.

BRIEF-Nordstrom family nears deal with Leonard Green in bid to take department store private

* Nordstrom family nears deal with Leonard Green in bid to take department store private - CNBC, citing sources

Nordstrom family chooses Leonard Green as buyout partner - source

Sept 12 The founding family of high-end retailer Nordstrom Inc has chosen private equity firm Leonard Green & Partners to help take the company private, according to a source familiar with the matter.

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