Stripe and private equity firm Advent are making a bid to acquire PayPal in a deal valued at about $53 billion, according to multiple reports citing Reuters and related sources. The proposed offer is reported at $60.50 per share, which represents an approximately 28% premium to PayPal’s closing share price on Tuesday. The reports describe the offer as a joint bid from Stripe and Advent to take over the US payments company, with the total deal value referenced as $53 billion (sometimes described as “more than” $53 billion depending on the phrasing used by outlets). While the sources agree on the headline valuation and per-share figure, they do not provide additional deal details such as financing terms, regulatory outlook, or whether PayPal has formally responded. The information therefore remains at the proposal stage as reported by news outlets, with the premium and implied valuation serving as the central points of consensus across coverage.
Stripe and Advent make $53 billion offer to buy PayPal
Stripe and private equity firm Advent are making a bid to acquire PayPal in a deal valued at about $53 billion, according to multiple reports citing Reuters and related sources. The proposed offer is...
- Stripe and Advent submit a joint acquisition offer for PayPal.
- The offer price is reported as $60.50 per share.
- The bid is valued at about $53 billion, with some reports describing it as more than $53 billion.
- The offer represents an approximately 28% premium to PayPal’s Tuesday closing share price.
- The reports attribute the information to Reuters and sources familiar with the matter.
Stripe and Advent are offering $60.50 a share, or about 28% more than PayPal’s closing price Tuesday,
1 hour agoOffer by payments start-up and private equity group comes at 28% premium to Tuesday’s closing share price
2 hours agoJoint offer values the payments giant at $60.50 a share, a 28% premium to its latest closing price.
3 hours ago
Utah police arrest man accused of stabbing Muslim worker in alleged religion-motivated attack
Police in Utah say a man arrested after a mall stabbing targeted a Muslim worker because of the victim’s religion. The i...
CXMT sets IPO terms for Shanghai STAR Market listing, targeting about $8.5 billion
ChangXin Memory Technologies (CXMT), China’s leading DRAM maker, moves toward its Shanghai listing on the STAR Market af...
KOSPI swings after chip-led plunge and rebound as SK hynix ADRs rise in US
Korean stocks remain volatile as moves in semiconductor shares drive broader market sentiment. On Monday, the KOSPI fall...