Stripe, Advent offer to buy PayPal for more than $53 billion, sources say

Stripe and Advent International have made a joint offer to acquire PayPal for $60.50 per share, valuing the deal at more than $53B, according to two people familiar with the matter. The proposed acquisition could be a meaningful catalyst for PayPal and the broader payments sector due to the size of the valuation and strategic fit.

Analysis

Stripe and Advent International have made a joint offer to acquire PayPal for $60.50 per share, valuing the deal at more than $53B, according to two people familiar with the matter. The proposed acquisition could be a meaningful catalyst for PayPal and the broader payments sector due to the size of the valuation and strategic fit.