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.