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  1. May 3, 2024 · The special committee in 2018 turned down an $8.4-billion offer as inadequate. Since then, Erik and Pete Nordstrom have raised their stake in the company from below 5% to 9.5%. The company has ...

  2. May 3, 2024 · Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store operator Nordstrom private, according to people familiar with the matter.

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  4. May 2, 2024 · NEW YORK (Reuters) – Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, who is the company’s president, were exploring options to take the ...

  5. May 2, 2024 · NEW YORK, May 2 (Reuters) - Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, who is the company's president, were exploring options to take the ...

  6. May 3, 2024 · Sycamore Partners, headquartered in New York, acquired Belk in 2015 for $3bn. The Belk chain operates nearly 300 stores across 16 south-eastern US states.

  7. May 3, 2024 · Sycamore Partners, rumored in takeover bids for Macy’s, Inc. and JC Penney, acquired privately-held Belk Department Stores in 2015 in a $3.0 billion deal for the largest family-owned and operated department store in the U.S. at the time. In 2020, it was rumored that Sycamore Partners would merge JC Penney with Belk in the JCP effort.

  8. May 3, 2024 · Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the company’s president, were exploring options to take the retailer private, confirming a ...

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