12:24 PM EST, 12/18/2024 (MT Newswires) -- (Updates to add DLocal's ( DLO ) response in the fourth paragraph and recent stock price movement in the fifth paragraph.)

DLocal ( DLO ) is exploring a potential sale, among other options, Reuters reported Wednesday, citing unnamed people familiar with the matter.

The Latin American payments provider is working with Morgan Stanley to assess takeover interest from potential suitors, including private-equity firms and large financial technology providers, the sources told the news agency.

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

DLocal ( DLO ) also declined to comment to MT Newswires, while Morgan Stanley did not immediately respond to a request for comment.

DLocal ( DLO ) shares were up 3.7% 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.)

Price: 12.48, Change: +0.45, Percent Change: +3.70