Mergers & Acquisitions Mergers & Acquisitions

Stone-Linx deal closure in Brazil delayed by rivals’ appeal of clearance decision

By Flavia Fortes
  • 07 Apr 2021 17:14
  • 11 May 2021 08:31
Stone won’t be able to close its acquisition of Latin America’s largest software maker, Linx, just yet.
Rivals Cielo, Adyen do Brasil and Banco Safra have appealed a decision by the Brazilian competition authority’s investigators to clear the deal unconditionally to the agency’s Tribunal, which could decide to take another

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Flavia Fortes

Global Head of Mergers

Flavia writes about merger control, antitrust enforcement and litigation in the U.S. and Brazil. Before joining MLex, Flavia worked as an Antitrust Consultant in the Federal Trade Commission's Office of International Affairs and as a Research Fellow for the American Antitrust Institute. She has written on the intersection of antitrust law and intellectual property law in technology-driven and innovative markets.

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