2024-05-03 | Current Affairs
Sycamore Partners Competes to Privatize Nordstrom
Today’s News Sycamore Partners, among other buyout equity firms, is reportedly showing keen interest in the privatization of the renowned U.S. department store Nordstrom, as confirmed by insiders. Last month, Nordstrom’s CEO Erik Nordstrom and President Pete Nordstrom disclosed their exploration of privatization options, confirming a previous Reuters report from March. Negotiations are anticipated […]