Levi Strauss Enters Deal To Sell Dockers To Authentic Brands Group, For $311 Million
ReutersMay 20, 2025 12:38 PM
May 20 (Reuters) - Levi Strauss & Co LEVI.N:
LEVI STRAUSS: ENTERS DEAL TO SELL DOCKERS TO AUTHENTIC BRANDS GROUP, FOR $311 MILLION
LEVI STRAUSS: DEAL VALUE HAS POTENTIAL TO REACH UP TO $391 MILLION VIA $80 MILLION EARNOUT OPPORTUNITY
LEVI STRAUSS: INTENDS TO RETURN ABOUT $100 MILLION OF NET CASH PROCEEDS FROM DEAL TO SHAREHOLDERS VIA SHARE REPURCHASES
LEVI STRAUSS: DEAL EXPECTED TO CLOSE AROUND JULY 31 FOR DOCKERS IP & OPERATIONS IN US, CANADA & AROUND JAN 31, 2026, FOR REMAINING DOCKERS OPERATIONS
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion TreTradingKey
15 hours ago
Will TRON Reach $10? TRX Price Prediction 2026 and Canary Staked ETF Update
Explore TRON's 2026 outlook: Will TRX reach $10? Get the latest on the Canary Staked ETF SEC status, Justin Sun's strategy, and TRX price predictions through 2032.TradingKey
16 hours ago
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.TradingKey
Fri, Feb 6
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.TradingKey
Fri, Feb 6
