BRIEF-Brazil's Totvs Says No Offer Made To Buy Stone-Owned Linx

Reuters11-26
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;))

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