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Levi Strauss & Co. is expected to go public for the second time on Thursday, as the jeans maker jumps on a wave of IPOs under the impetus especially of big tech companies such as Lyft Inc. and Uber. Technologies Inc.
The denim company sells stock at $ 17 each, he said Wednesday, for a valuation of about $ 6.6 billion. This is above the proposed range of $ 14 to $ 16 per share and demonstrates strong investor demand for one of the largest retail and consumer product IPOs of the last decade.
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