BREAKING NEWS

BREAKING NEWS

Jeans maker Levi Strauss files for IPO

Jeans maker Levi Strauss files for IPO
FILE PHOTO: The label of a Levi's denim jacket of U.S. company Levi Strauss is photographed at a denim store in Frankfurt, Germany, March 20, 2016. REUTERS/Kai Pfaffenbach/File Photo -
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Kai Pfaffenbach(Reuters)
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(Reuters) - Jeans maker Levi Strauss on Wednesday filed for an initial public offering of up to $100 million (£77.60 million).

The company intends to list on the New York Stock Exchange under the symbol "LEVI", it said in a preliminary filing with U.S. regulators.

The size of the IPO stated in preliminary filings is a placeholder used to calculate registration fees. The final size of the IPO could be different.

(Reporting by Bharath Manjesh in Bengaluru; Editing by Saumyadeb Chakrabarty)

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