10:18 AM EST, 12/18/2024 (MT Newswires) -- DLocal ( DLO ) is exploring a potential sale, among other options, Reuters reported Wednesday, citing unnamed people familiar with the matter.

The company is working with Morgan Stanley to assess takeover interest from potential suitors, the sources told Reuters.

DLocal ( DLO ) and Morgan Stanley declined to comment, Reuters reported.

DLocal ( DLO ) shares were up over 5% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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