XP Inc. (NasdaqGS:XP) signing of an agreement to acquire 49.9% stake in Direto from Direcional Engenharia S.A. (BOVESPA:DIRR3) on December 09, 2021. The management of Direto will remain independent from its shareholders, with its own team in São Paulo and Belo Horizonte. Transaction is subject to regulatory approval. As of January 18, 2022, The superintendent of Brazilian antitrust body Cade has approved the acquisition.

XP Inc. (NasdaqGS:XP) completed the acquisition of 49.9% stake in Direto from Direcional Engenharia S.A. (BOVESPA:DIRR3) in February 2022.