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Levi Strauss & Co., known for its blue jeans, files for an initial public offering (IPO) to raise over $600 million. The IPO aims to give the company equity and financial flexibility for potential acquisitions and brand diversification. Levi's, the largest seller of jeans worldwide, seeks to adapt to changing market trends beyond denim. The IPO marks the company's return to public markets after three decades.
Tuesday, 12 February, 2019