Advent

Stripe and Advent have made a $53 billion bid to acquire PayPal, which has seen its valuation drop from $360 billion in 2021 to $36 billion due to competition from Apple Pay and other rivals. Stripe's subsidiary Bridge recently received conditional approval for a national trust bank charter, a move opposed by traditional banks, and acquiring PayPal would provide access to 400 million customers and their online wallets to support Stripe's stablecoin plans. PayPal has not acknowledged the offer.

Stripe and Advent have made a $53 billion bid for PayPal, offering a 28% premium to its Tuesday closing share price. The acquisition attempt involves a payments start-up and a private equity group targeting the payment processing company.

Advent has reached an 8% economic position in Natura, Brazil's largest cosmetics maker, by owning 6.6% in shares and 1.4% through derivatives. This 8% threshold grants Advent two seats on Natura’s board.

Bain Capital and Advent have partnered on a new proposal to acquire a stake in Brazil's fourth-largest health insurer, Amil. Owner Jose Seripieri Filho is open to selling a portion of his stake while retaining control.

Advent is set to sell up to €1.5 billion of InPost buyout loan to banks. The move involves the sale of a significant portion of the loan used to acquire InPost. This transaction will have implications for Advent's financials and its stake in InPost.