Stripe and Advent International's Reported $53 Billion Bid for PayPal
Stripe and Advent International are reportedly considering acquiring PayPal at around $53 billion, or $60.50 per share—a 28% premium over its previous closing price—though the valuation is seen as below industry multiples. The bid has boosted PayPal's stock by nearly 17%, but analysts suggest it may not be high enough given PayPal’s market position and financial performance.
Tickers: $PYPL
Topics: Advent International fintech M&A PayPal Stripe