TOTVS S.A. made a proposal to acquire Linx S.A. for BRL 6 billion.
As on September 11, 2020, TOTVS extended for 30 days the validity of its business combination proposal with Linx S.A. Therefore proposal remains valid until October 13, 2020. BR Partners Assessoria Financeira Ltda. acted as fairness opinion provider for the benefit of the Independent Committee established to analyze the business combination proposal publicly presented by TOTVS. BR Partners Assessoria Financeira Ltda., Legal advisory arm acted as legal advisor to Linx S.A.