Stripe, Advent offer $53B to acquire PayPal: Report

Bullish+25.14%

15 Jul, 08:23

Source: Cointelegraph

AI Summary

Stripe and Advent reportedly offered to acquire PayPal for $53 billion at a 28% premium, representing a significant M&A deal in the fintech sector.

Stripe, Advent offer $53B to acquire PayPal: Report

Stripe and Advent reportedly offered to buy PayPal for $53 billion, at a 28% premium compared to the company’s Tuesday closing price.