São Paulo - Delayed Quote BRL

TOTVS S.A. (TOTS3.SA)

38.33

+0.31

+(0.82%)

At close: May 9 at 5:07:51 PM GMT-3

Totvs resumes talks to acquire Linx from StoneCo

Linx is a player in the retail management software market with presence in e-commerce software solutions in Brazil.

Verdict 11 days ago

TTVSY
Brazil's Totvs signs exclusivity agreement in talks to buy StoneCo's Linx

SAO PAULO (Reuters) -Brazilian software company Totvs said on Friday it has resumed talks to acquire StoneCo's unit Linx, signing an agreement to have exclusivity in the negotiations for a set period. The move comes after Totvs said in February that it had decided to withdraw from the competitive process to buy Linx, without providing further details. Totvs had earlier tried to buy software firm Linx in 2020 before Linx was acquired by StoneCo, a Brazilian company focused on payments.

Reuters 14 days ago

TTVSY
Brazil's Totvs exits competitive process to buy StoneCo's Linx

Brazilian software company Totvs said on Thursday it has decided to withdraw from the competitive process to buy StoneCo's unit Linx, according to a securities filing. Totvs did not provide further details on the decision. Citing sources, Reuters reported that payment firm StoneCo was unimpressed by the six non-binding offers it had received so far for Linx, its software unit.

Reuters 2 months ago

TTVSY
Totvs SA (TTVSY) Q4 2024 Earnings Call Highlights: Strong Financial Performance and Strategic ...

Totvs SA (TTVSY) reports robust revenue and profit growth, while navigating market challenges and expanding its strategic footprint.

GuruFocus.com 2 months ago

TTVSY
Stone unimpressed by non-binding offers for Linx, sources say

Brazilian financial tech firm StoneCo has received multiple nonbinding offers for its software unit Linx, but the bids so far are below what it paid for the asset in 2020, according to three people familiar with the negotiations. StoneCo, which is listed in New York, bought Linx for 6.7 billion reais ($1.14 billion) four years ago. The companies include Brazilian software firm Totvs SA and Canada's Constellation Software, according to the same sources.

Reuters 5 months ago

TTVSY
Totvs SA (TTVSY) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ...

Totvs SA (TTVSY) reports impressive revenue growth and profitability improvements, driven by strategic cloud transitions and a new share buyback program.

GuruFocus.com 5 months ago

TTVSY
Totvs SA (TTVSY) Q2 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic Advancements

Totvs SA (TTVSY) reports a 20% increase in net revenue and significant SaaS growth, while addressing margin pressures and strategic integrations.

GuruFocus.com 6 months ago

TTVSY

Performance Overview

Return	TOTS3.SA	IBOVESPA (^BVSP)
YTD	+43.89%	+13.49%
1-Year	+37.23%	+6.49%
3-Year	+60.56%	+32.21%

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TOTVS S.A. (TOTS3.SA)

Totvs resumes talks to acquire Linx from StoneCo

Brazil's Totvs signs exclusivity agreement in talks to buy StoneCo's Linx

Brazil's Totvs exits competitive process to buy StoneCo's Linx

Totvs SA (TTVSY) Q4 2024 Earnings Call Highlights: Strong Financial Performance and Strategic ...

Stone unimpressed by non-binding offers for Linx, sources say

Totvs SA (TTVSY) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ...

Totvs SA (TTVSY) Q2 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic Advancements

Performance Overview