Stripe Is Reportedly In Talks To Buy PayPal
Stripe and Advent are in talks to acquire PayPal in a deal valued at $53 billion. According to reports from the Wall Street Journal and other outlets, the buyers previously bid $60.50 per share. While PayPal reportedly rejected that initial offer in July, takeover discussions have since resumed. PayPal stock has risen following the news, and Stripe is reportedly considering a higher bid to secure the acquisition.
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- β Stripe and Advent are in talks to buy PayPal.
- β The potential takeover is valued at $53 billion.
- β A bid of $60.50 per share was made for PayPal.
- β PayPal stock rose following reports of the buyout talks.
What changed
Takeover talks have rekindled after PayPal previously rejected a $60.50 per share bid in July.
Live updates
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Stripe and Advent in Talks to Acquire PayPal
Stripe and Advent are in talks to acquire PayPal in a deal valued at $53 billion. According to reports from the Wall Street Journal and other outlets, the buyers previously bid $60.50 per share. While PayPal reportedly rejected that initial offer in July, takeover discussions have since resumed. PayPal stock has risen following the news, and Stripe is reportedly considering a higher bid to secure the acquisition.
Why it matters
A merger would combine two of the largest payment processing entities in the global financial system. This potential acquisition follows a period of volatility for PayPal's stock price.
What is confirmed
- Stripe and Advent are in talks to buy PayPal.
- The potential takeover is valued at $53 billion.
- A bid of $60.50 per share was made for PayPal.
- PayPal stock rose following reports of the buyout talks.
Still unconfirmed
- PayPal rejected Stripe's initial $60.50 bid in July.
- Stripe is weighing a higher offer for PayPal.
What to watch next
- Confirmation of a finalized purchase price
- Official statement from PayPal regarding the sale talks
- Regulatory response to a potential $53 billion fintech merger
confidence 90%Sources used for this update (12)
- WSJ β Exclusive | Stripe, Advent in Talks to Buy PayPal
- Investing.com β Stripe and Advent bid $60.50 a share for PayPal as talks advance, WSJ reports
- bizjournals.com β Stripe, Advent pursue $53B PayPal takeover
- Barron's β PayPal Stock Rises on Report of Stripe, Advent Buyout Talks
- TechCrunch β Talks to sell PayPal to Stripe and Advent are heating up
- Yahoo Finance β PayPal (PYPL) Is In Acquisition Talks At $53 Billion
- Engadget β Stripe Is Reportedly In Talks To Buy PayPal
- inc.com β PayPal Back in Play as Buyout Talks With Stripe Are Rekindled
- Yahoo Finance β Breaking: PayPal Is βIn Talks to Sell Itselfβ After Rejecting Stripeβs Initial $60.50 Bid in July
- Kavout | AI β PayPal's Resurgent Takeover Talks: Trading Above the Rejected Bid, But Technicals Warn of Exhaustion
- Benzinga β Top Stories This Week: PayPal, Anthropic, Druckenmiller, Meta And Tesla-SpaceX
- Business Post β PayPal takeover talks resume as Stripe weighs higher offer
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