Stripe and Advent International Reportedly Offer to Acquire PayPal in $53.4 Billion Deal
Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal for approximately $53.4 billion, backed by around $50 billion in committed bank financing. The deal would see both companies hold equal stakes in the payments giant.
Tickers: $PYPL
Topics: Fintech Mergers and Acquisitions PayPal Stripe