Brazilian Antitrust Authority (CADE) Unanimously Approves Business Combination Between Stone and Linx With No Restrictions
17 6월 2021 - 11:12AM
StoneCo Ltd. (Nasdaq: STNE) (“Stone”), a leading provider of
financial technology solutions that empower merchants to conduct
commerce seamlessly across multiple channels, today announces that
CADE, the Brazilian antitrust authority, unanimously approved,
on this date, the business combination between STNE Participações
S.A. (“STNE”), a controlled company of Stone that holds the
software investments business of the Stone group in Brazil and Linx
S.A. (B3: LINX3; NYSE: LINX) (“Linx”), a leading provider of retail
management software in Brazil (“Transaction”), with no
restrictions.
Stone believes that the business combination
with Linx represents a significant value creation opportunity for
all stakeholders, including clients, shareholders and employees and
will help accelerate Stone’s mission of empowering Brazilian
merchants of all sizes to manage their businesses more effectively
through technology.
No Offer or Solicitation
This communication shall not constitute an offer
to sell or the solicitation of an offer to buy any securities, nor
shall there be any sale of securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such
jurisdiction. No offering of securities shall be made except by
means of a prospectus meeting the requirements of the U.S.
Securities Act of 1933, as amended, or an exemption therefrom.
Additional Information and Where to Find
It
In connection with the Transaction, Stone and
Linx have filed relevant materials with the SEC including a
registration statement of Stone on Form F-4. The Form F-4 contains
a prospectus and other documents. INVESTORS AND SECURITY HOLDERS OF
STONE AND LINX ARE URGED TO READ THE FORM F-4 AND OTHER DOCUMENTS
FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY
CONTAIN IMPORTANT INFORMATION ABOUT STONE, LINX AND THE TRANSACTION
AND RELATED MATTERS. The Form F-4 and all other documents filed
with the U.S. SEC in connection with the Transaction are available,
free of charge, on the U.S. SEC’s website at www.sec.gov. In
addition, the Form F-4 and all other documents filed with the U.S.
SEC in connection with the Transaction are available, free of
charge, to U.S. shareholders of Stone on Stone’s website at
http://www.stone.co.
Forward Looking Statements
This communication contains certain statements
that are “forward-looking” statements within the meaning of Section
27A of the Securities Act and Section 21E of the Securities
Exchange Act of 1934. Words such as “anticipate”, “believe”,
“continue”, “could”, “estimate”, “expect”, “hope”, “intend”, “may”,
“might”, “should”, “would”, “will”, “understand” and similar words
are intended to identify forward looking statements. These
forward-looking statements include, but are not limited to,
statements regarding the Transaction. There are a number of risks
and uncertainties that could cause actual results to differ
materially from the forward-looking statements included in this
communication. For example, the expected timing and likelihood of
completion of the Transaction, that could reduce anticipated
benefits or cause the parties to abandon the Transaction, the
ability to successfully integrate the businesses, the occurrence of
any event, change or other circumstances that could give rise to
the termination of the agreements relating to the Transaction, the
risk that the parties may not be able to satisfy the conditions to
the Transaction in a timely manner or at all, risks related to
disruption of management time from ongoing business operations due
to the Transaction, the risk that any announcements relating to the
Transaction could have adverse effects on the market price of the
shares of Stone or Linx, the risk that the Transaction and its
announcement could have an adverse effect on the ability of Stone
and Linx to retain customers and retain and hire key personnel and
maintain relationships with their suppliers and customers and on
their operating results and businesses generally, the risk that
problems may arise in successfully integrating the businesses of
the companies, which may result in the combined company not
operating as effectively and efficiently as expected, the risk that
the combined company may be unable to achieve cost-cutting
synergies or it may take longer than expected to achieve those
synergies, and other factors. All such factors are difficult to
predict and are beyond Stone’s control, including those detailed in
Stone’s annual reports on Form 20-F and current reports on Form 6-K
that are available on its website at http://www.stone.co and on the
SEC’s website at http://www.sec.gov. Stone’s forward-looking
statements are based on assumptions that Stone believes to be
reasonable but that may not prove to be accurate. Stone undertakes
no obligation to publicly release the result of any revisions to
any such forward-looking statements that may be made to reflect
events or circumstances that occur, or which we become aware of,
except as required by applicable law or regulation. Readers are
cautioned not to place undue reliance on these forward-looking
statements that speak only as of the date hereof.
About Stone
Stone is a leading provider of financial
technology solutions that empower merchants to conduct commerce
seamlessly across multiple channels and help them grow their
businesses.
Contact:
Investor Relations
investors@stone.co
Linx (NYSE:LINX)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Linx (NYSE:LINX)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024