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● TRACKER Updated 29d ago Β· 11 sources tracked

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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  • βœ“ Stripe and Advent are in talks to buy PayPal.
  • βœ“ The potential takeover is valued at $53 billion.
  • βœ“ A bid of $60.50 per share was made for PayPal.
  • βœ“ PayPal stock rose following reports of the buyout talks.
πŸ›‘οΈ Source Corroboration: 11 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Takeover talks have rekindled after PayPal previously rejected a $60.50 per share bid in July.

Live updates

  1. 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
    Sources used for this update (12)
    1. WSJ β€” Exclusive | Stripe, Advent in Talks to Buy PayPal
    2. Investing.com β€” Stripe and Advent bid $60.50 a share for PayPal as talks advance, WSJ reports
    3. bizjournals.com β€” Stripe, Advent pursue $53B PayPal takeover
    4. Barron's β€” PayPal Stock Rises on Report of Stripe, Advent Buyout Talks
    5. TechCrunch β€” Talks to sell PayPal to Stripe and Advent are heating up
    6. Yahoo Finance β€” PayPal (PYPL) Is In Acquisition Talks At $53 Billion
    7. Engadget β€” Stripe Is Reportedly In Talks To Buy PayPal
    8. inc.com β€” PayPal Back in Play as Buyout Talks With Stripe Are Rekindled
    9. Yahoo Finance β€” Breaking: PayPal Is β€œIn Talks to Sell Itself” After Rejecting Stripe’s Initial $60.50 Bid in July
    10. Kavout | AI β€” PayPal's Resurgent Takeover Talks: Trading Above the Rejected Bid, But Technicals Warn of Exhaustion
    11. Benzinga β€” Top Stories This Week: PayPal, Anthropic, Druckenmiller, Meta And Tesla-SpaceX
    12. Business Post β€” PayPal takeover talks resume as Stripe weighs higher offer
    confidence 90%
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