B3 S.A. - Brasil, Bolsa, Balcão (BOVESPA:B3SA3) agreed to acquire Neoway Tecnologia Integrada Assessoria e Negócios S.A. from Accel Partners, Monashees Gestão de Investimentos Ltda., Temasek Holdings (Private) Limited, CapSur Capital Gestão de Recursos Ltda. and others for BRL 1.8 billion on October 19, 2021. The transaction will be financed from the cash resources of B3.

Neoway will continue to act autonomously and independently, within the B3 group. The headquarters remain in Florianópolis and with the current management. The acquisition still needs to be approved at the meeting by the shareholders of B3 and will also depend on the approval of the competition agency in Brazil, the Administrative Council for Economic Defense (Cade).

In addition, CVM will assess other conditions for this type of business. Bank of America acted as financial advisor for Neoway. Citigroup acted as financial advisor for B3 S.A. BofA Securities acted as a financial advisor in this transaction.