Stripe And Advent Make $53 Billion Bid For PayPal
Deals·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Stripe, in partnership with Advent, has made a $53 billion bid to acquire PayPal. Shares in the New York-listed group jumped 19 percent in pre-market trading following the announcement.
The bid follows an earlier expression of interest, although PayPal has been reluctant to engage with the offer thus far.
StripePayPalAdvent
Sources
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SourceReports the news
“Shares in New York-listed group jump 19 per cent in pre-market trading after offer from payments start-up and buyout firm”
FT — Stripe and Advent make $53bn bid for PayPal“The bid, made together with Advent, follows an earlier expression of interest.”
coindesk — Stripe mounts blockbuster $53 billion bid to buy PayPal