BRIEF-Levi Strauss Enters Deal To Sell Dockers To Authentic Brands Group, For $311 Million

Reuters

2025/05/20

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

Further company coverage: LEVI.N

((Reuters.Briefs@thomsonreuters.com;))

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Co <span>LEVI.N</span>:</p><ul><li><p>LEVI STRAUSS: ENTERS DEAL TO SELL DOCKERS TO AUTHENTIC BRANDS GROUP, FOR $311 MILLION</p></li><li><p>LEVI STRAUSS: DEAL VALUE HAS POTENTIAL TO REACH UP TO $391 MILLION VIA $80 MILLION EARNOUT OPPORTUNITY</p></li><li><p>LEVI STRAUSS: INTENDS TO RETURN ABOUT $100 MILLION OF NET CASH PROCEEDS FROM DEAL TO SHAREHOLDERS VIA SHARE REPURCHASES</p></li><li><p>LEVI STRAUSS: DEAL EXPECTED TO CLOSE AROUND JULY 31 FOR DOCKERS IP &amp; OPERATIONS IN US, CANADA &amp; AROUND JAN 31, 2026, FOR REMAINING DOCKERS OPERATIONS</p></li></ul><p>Further company coverage: <span>LEVI.N</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Levi Strauss Enters Deal To Sell Dockers To Authentic Brands Group, For $311 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Co <span>LEVI.N</span>:</p><ul><li><p>LEVI STRAUSS: ENTERS DEAL TO SELL DOCKERS TO AUTHENTIC BRANDS GROUP, FOR $311 MILLION</p></li><li><p>LEVI STRAUSS: DEAL VALUE HAS POTENTIAL TO REACH UP TO $391 MILLION VIA $80 MILLION EARNOUT OPPORTUNITY</p></li><li><p>LEVI STRAUSS: INTENDS TO RETURN ABOUT $100 MILLION OF NET CASH PROCEEDS FROM DEAL TO SHAREHOLDERS VIA SHARE REPURCHASES</p></li><li><p>LEVI STRAUSS: DEAL EXPECTED TO CLOSE AROUND JULY 31 FOR DOCKERS IP &amp; OPERATIONS IN US, CANADA &amp; AROUND JAN 31, 2026, FOR REMAINING DOCKERS OPERATIONS</p></li></ul><p>Further company coverage: <span>LEVI.N</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LEVI","symbol_name":"李維斯","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nP8N3EN0CW:1","article_id":"2536617135","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536617135","pubTimestamp":1747744205,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-Levi Strauss Enters Deal To Sell Dockers To Authentic Brands Group, For $311 MillionMay 20  - Levi Strauss & Co LEVI.N:LEVI STRAUSS: ENTERS DEAL TO SELL DOCKERS TO AUTHENTIC BRANDS GROUP, FOR $311 MILLIONLEVI STRAUSS: DEAL VALUE HAS POTENTIAL TO REACH UP TO $391 MILLION VIA $80 MILLION EARNOUT OPPORTUNITYLEVI STRAUSS: INTENDS TO RETURN ABOUT $100 MILLION OF NET CASH PROCEEDS FROM DEAL TO SHAREHOLDERS VIA SHARE REPURCHASESLEVI STRAUSS: DEAL EXPECTED TO CLOSE AROUND JULY 31 FOR DOCKERS IP & OPERATIONS IN US, CANADA & AROUND JAN 31, 2026, FOR REMAINING DOCKERS OPERATIONSFurther company coverage: LEVI.N ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LEVI":"李维斯","LU0757428866.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AE\" (USD) ACC","LU1815336091.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AUP\" (USD) INC","BK4202":"服装、服饰与奢侈品"},"translate_title":"简介-李维斯达成协议，以3.11亿美元将Dockers出售给Authentic Brands Group","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LEVI":0.9},"content_text":"BRIEF-Levi Strauss Enters Deal To Sell Dockers To Authentic Brands Group, For $311 MillionMay 20 (Reuters) - Levi Strauss & Co LEVI.N:LEVI STRAUSS: ENTERS DEAL TO SELL DOCKERS TO AUTHENTIC BRANDS GROUP, FOR $311 MILLIONLEVI STRAUSS: DEAL VALUE HAS POTENTIAL TO REACH UP TO $391 MILLION VIA $80 MILLION EARNOUT OPPORTUNITYLEVI STRAUSS: INTENDS TO RETURN ABOUT $100 MILLION OF NET CASH PROCEEDS FROM DEAL TO SHAREHOLDERS VIA SHARE REPURCHASESLEVI STRAUSS: DEAL EXPECTED TO CLOSE AROUND JULY 31 FOR DOCKERS IP & OPERATIONS IN US, CANADA & AROUND JAN 31, 2026, FOR REMAINING DOCKERS OPERATIONSFurther company coverage: LEVI.N ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,event","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}