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InsideArbitrage Potential Deal Alert: Uruguay Payments Provider DLocal (DLO) Explores Sale

  • December 18, 2024

POTENTIAL DEAL DETAILS

StockDLocal LimitedSymbolDLO
Date Announced12/18/2024Source Reuters
TypeNews Report

Reuters reported that DLocal (DLO), a Latin American payments provider with a market value of about $3.6 billion, is exploring options including a potential sale.

Montevideo, Uruguay-based DLocal, which counts buyout firm General Atlantic as its largest shareholder, is working with Morgan Stanley (MS) to gauge takeover interest from potential acquirers, including private equity firms and large financial technology providers.

In August last year, there were reports that DLocal was considering options such as a potential sale, but those discussions ultimately ended without any outcome or agreement.

DLocal Limited Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.