SAO PAULO, June 4 (Reuters) - Brazilian software company

Totvs hired Morgan Stanley ( MS ) to seek a buyer for its

62.5% stake in Dimensa, a joint venture with stock exchange

operator B3, Valor Economico reported on Wednesday.

Totvs' intention is to fully exit or reduce the stake in

Dimensa, as the firm has been weighing on Totvs' earnings, Valor

said. There were still no advanced talks with potential buyers,

it added.

Totvs, when asked for comment, said it does not respond to

market speculations.