StoneCo : Card processor StoneCo to merge unit with Brazil's Linx
08/11/2020 | 06:03pm EDT
Aug 11 (Reuters) - Card processor StoneCo Ltd said
on Tuesday it would merge one of its units with Brazilian retail
software company Linx SA.
After the merger, a new software business unit will be
created within StoneCo and will be managed by its leadership and
the Linx management team, StoneCo said.
(Reporting by Nivedita Balu in Bengaluru; Editing by Shinjini