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Stone (STOC31) hires banks to sell Linx - Global Happenings

Summary by Global Happenings
One of the people familiar with the potential transaction told Reuters that Stone is in no rush to complete the deal. (Image: Money Times/ Gustavo Kahil) THE StoneCo (STOC31) hired investment banks JPMorgan and Morgan Stanley to sell Linxa retail software developer that the company bought in 2020 for 6.7 billion reais, two sources familiar with the matter said. The sources said investment banks are currently in preliminary talks with pote…
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Global Happenings broke the news in on Friday, September 13, 2024.
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