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Brazil's Totvs exits competitive process to buy StoneCo's Linx
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Brazil's Totvs exits competitive process to buy StoneCo's Linx
Feb 27, 2025 2:05 PM

SAO PAULO, Feb 27 (Reuters) - Brazilian software company

Totvs said on Thursday it has decided to withdraw

from the competitive process to buy StoneCo's ( STNE ) unit

Linx, according to a securities filing.

Totvs did not provide further details on the decision.

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