Brief: Brazil's Totvs Says No Offer Made To Buy Stone-Owned Linx
Nov 26 (Reuters) - Totvs SA TOTS3.SA :
* HAS NOT PRESENTED ANY OFFER TO BUY STONE-OWNED LINX
* COMPANY IS PROGRESSING WITH 'INTERNAL GOVERNANCE PROCESS
UNDER
BOARD SUPERVISION'
* PROCESS MAY RESULT IN NON-BINDING PROPOSAL AS PART OF
COMPETITIVE PROCESS, BUT NO OFFER HAS BEEN MADE TO DATE
Source text: ID:nBVSv1RW1a
Further company coverage: STNE.O
(Reporting by Sao Paulo newsroom)
((Gabriel.Araujo2@thomsonreuters.com;))
Recent news on StoneCo
See all newsU.S. STOCKS ON THE MOVE-Sun Communities, Cisco Systems, Paysafe
U.S. STOCKS ON THE MOVE-Fox, Sun Communities, Reddit, drone firms
Brazil's StoneCo drops after Q2 earnings miss analyst expectations
StoneCo Ltd. reports results for the quarter ended June 30 - Earnings Summary
Brief: StoneCo Q2 Net Profit 583 Million Reais Vs IBES Estimate 600 Million Reais