5 Things to Know About Levi Strauss' Upcoming IPO [The Motley Fool]
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Source: The Motley Fool
5 Things to Know About Levi Strauss' Upcoming IPO Levi Strauss, the -year old maker of denim jeans and apparel, will go public later this year. The San Francisco-based company filed for an IPO on Feb. , and will make its market debut on the New York Stock Exchange under the ticker symbol LEVI. Levi Strauss previously went public in 97, but the founder's descendants took it private again in 98. It subsequently struggled to stay relevant in the competitive apparel market, but sales rebounded under CEO Chip Bergh, a former P&G Image source: Getty Images. Should investors buy shares of Levi when it goes public again? Let's answer five questions about the iconic brand first. . How much money does Levi want to raise? In its S- filing, Levi states that it wants to raise up to $00 million with its IPO. However, that's just a placeholder figure for companies that haven't decided on the exact number of shares they want to sell. CNBC previously reported that Levi could actually raise up to $800
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