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