Mergers & Acquisitions Mergers & Acquisitions

Linx allowed to participate in Brazil review of Itaú-Totvs financial services joint venture

By Ana Paula Candil
  • 28 Jul 2022 23:01
  • 28 Jul 2022 23:21
Linx has been allowed to participate in the review of a planned joint venture between Brazil-based bank Itaú Unibanco and software firm Totvs to operate a digital platform of financial services focused on small-to-medium-sized companies.

To form the JV, Itaú is planning to acquire a 50 percent stake in Totvs’ holding company Totvs

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