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Card processor StoneCo to merge unit with Brazil's Linx

Aug 11 (Reuters) - Card processor StoneCo Ltd said on Tuesday it would merge one of its units with Brazilian retail software company Linx SA.

After the merger, a new software business unit will be created within StoneCo and will be managed by its leadership and the Linx management team, StoneCo said. (Reporting by Nivedita Balu in Bengaluru; Editing by Shinjini Ganguli)

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