StoneCo completes sale of Linx business unit

StoneCo Ltd. (NASDAQ: STNE) announced the completion of its Linx sale after receiving regulatory approval from Brazil's Administrative Council for Economic Defense on February 20, 2026.

The Brazilian financial technology company stated all closing conditions for the transaction were satisfied. The sale involved Linx, a business unit that provided software solutions to merchants.

StoneCo said it will continue serving clients' software needs through partnership programs and business management solutions within its existing ecosystem. The company plans to provide details about proceeds distribution during its fourth-quarter 2025 earnings call scheduled for March 2, 2026.

The transaction required approval from CADE, Brazil's antitrust authority, which granted permission without restrictions. StoneCo operates as a payment processor and financial services provider serving merchants across multiple channels in Brazil.

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