Baltimore shows that the real bridge too far is financing new infrastructure, says @johnauthers. Plus: Cocoa crunch in West Africa https://t.co/C5Ss2biuD8
Baltimore shows that the real bridge too far is financing new infrastructure, says @johnauthers. Plus: Cocoa crunch in West Africa https://t.co/aGsB6u0pN4
From @Breakingviews: The family behind US department store chain Nordstrom is exploring taking it private. Winning over shareholders nursing losses while promising high enough returns to keep any buyout partners happy will be tricky, @sharonlam_ explains https://t.co/YFYF25O836
Speculation is growing around the possibility of Nordstrom going private, with discussions focusing on the challenges and financial intricacies involved. Various reports suggest that the founding family of the US department store chain is considering a buyout. Analysts highlight the difficulty of such a move, particularly in terms of offering a compelling price to shareholders and securing sufficient returns for potential buyout partners. The situation underscores the complexities of private equity deals and the retail sector's ongoing transformations.