financetom
Business
financetom
/
Business
/
Update: Market Chatter: Sycamore Partners Expresses Interest in Taking Nordstrom Private
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: Sycamore Partners Expresses Interest in Taking Nordstrom Private
May 3, 2024 5:50 AM

08:18 AM EDT, 05/03/2024 (MT Newswires) -- (Updates with Sycamore Partners' response to a request for comment.)

Buyout equity firm Sycamore Partners has expressed interest in taking Nordstrom ( JWN ) private, Reuters reported late Thursday, citing people familiar with the matter.

Sycamore declined to comment. Nordstrom ( JWN ) did not immediately respond to a request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 20.40, Change: +0.42, Percent Change: +2.10

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Russia-Ukraine crisis may worsen global chip shortage
Russia-Ukraine crisis may worsen global chip shortage
Mar 1, 2022
Russia and Ukraine are important centres of the global semiconductor supply chain, providing rare metals like palladium, and gases like neon, that are needed in the production of the silicon wafers present in almost all modern devices and equipment.
Russia-Ukraine war impact: Sanctions on Putin won't impact India's trade, say experts
Russia-Ukraine war impact: Sanctions on Putin won't impact India's trade, say experts
Feb 28, 2022
In response to Russia invading Ukraine, the US and the European Union (EU) have imposed a slew of economic sanctions on Russia with a view to cripple its economy, banking institutions and its access to technology. To understand how this could impact India, CNBC-TV18 spoke to Venkat Nageswar Chalasani, Former Deputy Managing Director & GE, IBG, State Bank of India, and Prof Rakesh Mohan Joshi, Dean, Indian Institute of Foreign Trade.
BP to exit Russia oil giant Rosneft at cost of $25 billion over Ukraine invasion
BP to exit Russia oil giant Rosneft at cost of $25 billion over Ukraine invasion
Feb 27, 2022
BP has held a 19.75 percent stake in Rosneft since 2013 and company said that its CEO, Bernard Looney, and former BP executive Bob Dudley will immediately resign from Rosneft's board.
Russia-Ukraine conflict, sanctions may not impact Asia-Pacific much: Moody’s Analytics report
Russia-Ukraine conflict, sanctions may not impact Asia-Pacific much: Moody’s Analytics report
Mar 1, 2022
Major imports from Russia into APAC include oil and natural gas. Some countries import wheat and specialty gases such as neon and helium as well. But the overall volume of trade with the region is low, which may cause only a modest setback, according to Moody's.
Copyright 2023-2026 - www.financetom.com All Rights Reserved