Mexican department store chain Liverpool buys 9.9% stake in Nordstrom
MEXICO CITY — Mexican high-end department store chain Liverpool has acquired a 9.9% passive stake in U.S. upscale retailer Nordstrom, using what it said was surplus cash for a bet on geographic diversification. Liverpool said in a statement on Thursday that it had bought 5.9 billion pesos ($293.8 million) worth of stock in the Seattle-based […]
Mexican department store chain Liverpool buys 9.9% stake in Nordstrom
MEXICO CITY — Mexican high-end department store chain Liverpool has acquired a 9.9% passive stake in U.S. upscale retailer Nordstrom, using what it said was surplus cash for a bet on geographic diversification. Liverpool said in a statement on Thursday that it had bought 5.9 billion pesos ($293.8 million) worth of stock in the Seattle-based […]