Investing.com — Latin American funds supplier DLocal is contemplating a possible sale, amongst different choices, in accordance with Reuters. With a market worth of roughly $3.4 billion, the corporate works with Morgan Stanley (NYSE:) to gauge potential curiosity from potential consumers, in accordance with sources who requested to stay nameless as a result of confidential nature of the discussions.
The Uruguay-based firm, which lists buyout agency Common Atlantic as its largest shareholder, is reportedly attracting consideration from personal fairness corporations and enormous fintech suppliers. Nevertheless, these sources additionally careworn {that a} sale shouldn’t be a certainty.
This is not DLocal’s first foray into exploring a sale. The 12 months earlier than, the corporate had engaged its funding bankers to start a gross sales course of. Nevertheless, these discussions didn’t result in any settlement resulting from disagreements over monetary situations with potential consumers, a supply revealed.
DLocal and Morgan Stanley have chosen to not touch upon the matter.
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