Deals of the day-Mergers and acquisitions

StoneCo

28/02/2025 10:33

Feb 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:

** Credit Agricole  has acquired a 5.2% direct stake in Banco BPM  through Deutsche Bank, two sources with knowledge of a regulatory filing told Reuters.

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** 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.

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 (Compiled by Rajarshi Roy and Siddhi Mahatole in Bengaluru)

 ((siddhi.mahatole@thomsonreuters.com))