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The Nexus
BUSINESSJul 15 · 11:20 UTCQUARTZCris Tolomia

Stripe and Advent International are offering to acquire PayPal in a $53 billion deal

Stripe and Advent International are offering to acquire PayPal in a $53 billion deal, with a $60.50-per-share bid backed by $50 billion in bank financing. The offer represents a 28% premium to PayPal's closing price the previous day.

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StripeorganizationAdvent InternationalorganizationPayPalorganization
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