Stripe, Advent offer to buy PayPal for more than $53 billion: Reuters

AI Summary

Stripe and Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, valuing the payments company at more than $53 billion. This deal emphasizes major movements in the fintech market and large-scale mergers and acquisitions.

Stripe and Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion.