Reported 12 days ago
DLocal, a Latin American payments provider based in Uruguay and valued at around $3.6 billion, is exploring a potential sale and is working with Morgan Stanley to assess interest from buyers, including private equity firms and fintech companies. This comes after previous unsuccessful attempts to sell due to financial disagreements. DLocal's shares saw a significant rise following the news, although its stock has generally faced declines amid fluctuating market conditions and competition.
Source: YAHOO