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StoneCo Announces Divestment of Software Assets
StoneCoStoneCo(US:STNE) Newsfile·2025-07-22 19:00

StoneCo Announces Divestment of Software Assets The main developments from this review are outlined below: 1. Sale of Linx and Related Software Assets to TOTVS StoneCo has entered into a definitive agreement to sell Linx and certain other software assets to TOTVS for an enterprise value of R3.05billion,plusthenetcashpositionoftheseassetscurrentlyestimatedatR3.05 billion, plus the net cash position of these assets currently estimated at R360 million, resulting in a total amount of R$3.41 billion. Additionally, all cash generated between signing and closing will be retained ...