Totvs completes Linx acquisition after antitrust approval in Brazil

estadaori.estadao.com.br (Portuguese)

Totvs' acquisition of Linx has been fully approved by Brazil's antitrust regulator, Cade, without any restrictions. The transaction is now complete. The approval allows Totvs to finalize its purchase of Linx Software Participações em Tecnologia, a deal initially announced in July. Stone, a payment processing company, sold Linx to Totvs for R$3.05 billion. Totvs also announced its subsidiary's acquisition of Chatbot Maker Tecnologia da Informação was approved by Cade without limitations.


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