StoneCo Announces Divestment of Software Assets

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 R360 million, resulting in a total amount of R$3.41 billion. Additionally, all cash generated between signing and closing will be retained ...