May 20 (Reuters) - Levi Strauss & Co ( LEVI ):

* LEVI STRAUSS: ENTERS DEAL TO SELL DOCKERS TO AUTHENTIC

BRANDS

GROUP, FOR $311 MILLION

* LEVI STRAUSS: DEAL VALUE HAS POTENTIAL TO REACH UP TO $391

MILLION VIA $80 MILLION EARNOUT OPPORTUNITY

* LEVI STRAUSS: INTENDS TO RETURN ABOUT $100 MILLION OF NET

CASH

PROCEEDS FROM DEAL TO SHAREHOLDERS VIA SHARE REPURCHASES

* LEVI STRAUSS: DEAL EXPECTED TO CLOSE AROUND JULY 31 FOR

DOCKERS

IP & OPERATIONS IN US, CANADA & AROUND JAN 31, 2026, FOR

REMAINING DOCKERS OPERATIONS

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