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Posted by
Two Blokes May 21, 2025 -
Filed in
Stock
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Levi Strauss & Co (NYSE:LEVI)'s announcement of the sale of its Dockers brand to Authentic Brands Group for $311 million has UBS analysts more bullish on the clothing company, most famous for its jeans. Notably, the deal could be worth up to $391 million for Levi based on an additional $80 million cash earnout contingent on Dockers' performance under Authentic Brands.