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Brazil's Totvs exits competitive process to buy StoneCo's Linx

ReutersFeb 27, 2025 9:58 PM

- Brazilian software company Totvs TOTS3.SA said on Thursday it has decided to withdraw from the competitive process to buy StoneCo's STNE.O unit Linx, according to a securities filing.

Totvs did not provide further details on the decision.

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