Tag

#Advent International

2 articles

PayPal board rebuffs $53bn Stripe and Advent bid as too low, sources say

PayPal's board has rejected a $53 billion acquisition offer from Stripe and Advent International, calling the bid inadequate and too low. The move signals a potential escalation in negotiations and reflects the high value placed on PayPal's market position.

Jul 1625

business

Stripe and Advent offer $60.50 a share for PayPal, valuing it above $53bn

Stripe and Advent International have made a $60.50-per-share bid for PayPal, valuing the company at over $53 billion, backed by $50 billion in financing.

Jul 1429