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Finance

Brazil's Totvs agrees to buy StoneCo's Linx unit

Published by Global Banking & Finance Review

Posted on July 22, 2025

1 min read

· Last updated: January 22, 2026

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SAO PAULO (Reuters) -Brazilian software company Totvs has agreed to buy StoneCo's Linx unit in a deal worth 3.05 billion reais ($547.90 million), it said on Tuesday, adding that it expects the move to

Brazil's Totvs agrees to buy StoneCo's Linx unit

Totvs Acquires Linx Unit from StoneCo

Details of the Acquisition

Totvs has shown interest in Linx since 2020, when StoneCo won a bidding war by paying 6.7 billion reais for the retail software developer. In April, Totvs entered exclusive talks with StoneCo to acquire the unit.

Financing the Deal

Totvs said in a securities filing that the transaction will be financed through its cash reserves and debt instruments yet to be arranged "under favorable market conditions". The deal requires approval from Brazil's antitrust watchdog.

Background on Linx and StoneCo

($1 = 5.5667 reais)

(Reporting by Gabriel Araujo and Luciana Magalhaes)

Key Takeaways

Totvs agrees to buy Linx unit from StoneCo for 3.05 billion reais.
The acquisition aims to strengthen Totvs' retail segment.
Deal financing through cash reserves and future debt instruments.
Approval required from Brazil's antitrust watchdog.
StoneCo previously acquired Linx in 2020 for 6.7 billion reais.

Frequently Asked Questions

What is an acquisition?

An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.

What is a securities filing?

A securities filing is a document submitted to a regulatory body, such as the SEC, that provides information about a company's financial performance and operations.

What are cash reserves?

Cash reserves are funds that a company keeps on hand to meet short-term financial obligations or emergencies.

What is a bidding war?

A bidding war occurs when multiple parties compete to purchase an asset, driving the price higher as they place increasingly higher bids.

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Brazil's Totvs agrees to buy StoneCo's Linx unit

Brazil's Totvs agrees to buy StoneCo's Linx unit