TOTVS returns to the table to buy Linx – now, specifically

A. TOTVS Negotiations resumed Stone LINX, for retailers’ software business purchase – Payment Organization to re -bring the opportunity of sale already discarded.

In the relevant fact, published on Friday night, on the 25th, reported that the TOTVS was celebrated with a stone tenure for negotiations with a special period.

TOTVs competing with Stone for the purchase of LINX in 2021 have always been one of the most obvious names for acquisition. But in February, he abandoned the relevant fact that he had forced the process.

The document, at that time, is commented that a kind of TOTVS is an ultimatum.

It is said that the transactions, along with the transactions, are seriously playing with Stone TOTVs, and that he has more interesting proposals from other proponents to get a good price.

Totvs decided to leave the scene publicly – theoretically, forced to show Stone if there were really very interesting proposals.

On the fourth quarter’s balance sheet, Stone reported that she had been sold at the moment, as none of the proposals could not reach the “internal value” she saw on her links.

With additional capital and nearly R nearly 5 billion cash, there is no need to stay in a hurry to sell the payment company property.

In the same balance, he earned $ 3.5 billion in LINX, reducing the software arm value from R $ 7.5 billion to R 4 billion.

According to the re -umption opening of negotiations with TOTVs, the value of the technology company, according to the managers of Exam, should not be less than determined by any stone in the weakness of the fourth quarter balance.

“In the end, if you can sell billion for 3 billion or a little more, it will be better than the initial market expected,” said a manager who came with the company.