Stripe and private equity firm Advent International make a joint offer to acquire PayPal Holdings for about $53 billion, multiple outlets report citing sources. The proposal is described as valuing PayPal at roughly $53.0 billion to $53.4 billion, with a per-share price of $60.50. Several reports say the $60.50 offer represents about a 28% premium versus PayPal’s closing share price on Tuesday. The bid is also described as including substantial financing support: reports characterize it as backed by around $50 billion in committed bank financing. The offer is said to have been submitted earlier this month, and news of the bid leads to a sharp rise in PayPal’s shares in premarket trading and after the announcement, according to outlets referencing market moves. While the reports consistently describe the offer price, premium, and financing backing, they do not provide additional confirmed details on timing, regulatory review, or deal structure beyond the joint ownership involving Stripe and Advent. PayPal has not been reported as formally responding in the provided summaries.
Stripe and Advent submit joint $53B offer to buy PayPal
Stripe and private equity firm Advent International make a joint offer to acquire PayPal Holdings for about $53 billion, multiple outlets report citing sources. The proposal is described as valuing Pa...
27 sources
3 months ago
45 views
Key Points
- Stripe and Advent submit a joint offer to buy PayPal, reported at about $53.0 billion to $53.4 billion.
- The proposed price is reported at $60.50 per PayPal share.
- The offer reportedly represents about a 28% premium to PayPal’s Tuesday closing price.
- Reports say the bid is backed by roughly $50 billion in committed bank financing.
- News of the offer is reported to cause a significant increase in PayPal’s shares.
How Outlets Covered This Story
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Yahoo Finance
Stock Market Today, July 15: PayPal Surges 17% on $60.50 Takeover Bid from Stripe and Advent International
3 months ago
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New York Post
PayPal shares soar 17% after Stripe, private-equity firm Advent make blockbuster $53B offer
3 months ago
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Economic Times
PayPal shares jump over 15% after Stripe, Advent make $53 billion buyout offer
3 months ago
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The Wall Street Journal - Tech
Stripe and Private-Equity Firm Advent Offer to Buy PayPal
3 months ago
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Globe and Mail - Business
Paypal receives more than $53-billion joint offer from Stripe and Advent, sources say
3 months ago
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Business Insider
PayPal stock surges 18% on report of a $53 billion takeover offer from Stripe and Advent
3 months ago
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CNBC - Top News
PayPal jumps 15% in premarket on report of Stripe, Advent $53 billion takeover offer
3 months ago
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MarketWatch - Technology
A $53 billion lifeline? Stripe and Advent reportedly team up to bid for battered PayPal.
3 months ago
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Top stories - Google News
Stripe and Advent make $53bn bid for PayPal - Financial Times
3 months ago
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Investing.com
Exclusive-Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
3 months ago
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Bloomberg - Technology
PayPal Works With Goldman, Evercore as Stripe, Advent Make $50B-Plus Offer
3 months ago
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Yahoo Finance
Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
3 months ago
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Channel NewsAsia (CNA)
Exclusive-Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
3 months ago
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