Companies in Brazil are brewing a bidding war for Linx

A bidding war may be brewing in Brazil. Almost a week ago, fintech Stone announced it would acquire retail management platformLinx for R$6.04 billion (~US$1.11 billion). But the plot is thickening.

Last Friday (14), TOTVS—a São Paulo-based software company—stated it would offer R$6.1 billion  (~US$1.13 billion) for Linx.


By Marina López via Contxto


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