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Stripe and Advent reportedly offered to buy PayPal for around $53.4B
Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion.
AI Summary
Stripe and private‑equity firm Advent International have filed a joint bid to purchase PayPal, valuing the transaction at roughly $53.4 billion. Reuters notes the offer was submitted earlier this month and is supported by about $50 billion in committed bank financing. Under the proposal, Stripe and Advent would each hold a 50 percent stake in PayPal, sharing ownership equally.
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