Blue jeans giant Levi Strauss & Co.'s Thursday initial public offering is more than 10 times oversubscribed, sources familiar tell CNBC.
Blue jeans giant Levi Strauss & Co.'s Thursday initial public offering is more than 10 times oversubscribed, three sources familiar tell CNBC.
The sources said it was likely to price above that range, but the situation is still fluid and dependent on market conditions. The 166-year-old company first went public in 1971, but has been private for the last 34 years. Levi declined to comment on the offering demand.
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