Stripe and Advent International Joint Offer for PayPal
Stripe and private‑equity firm Advent International have submitted a combined proposal to acquire PayPal Holdings Inc (NASDAQ:PYPL). The bid values PayPal at over $53 billion, with an offer price of $60.50 per share, which is a 28% premium to the stock’s closing price on the Tuesday preceding the announcement.
The transaction is underpinned by approximately $50 billion of committed financing from banks, indicating strong financial backing for the deal. The parties first approached PayPal in April, and the formal offer was lodged earlier in July. PayPal has not responded to the proposal, and a comment request sent by email has not been answered.
Under the terms of the proposal, Stripe and Advent would each acquire a 50% equity stake, resulting in joint ownership of PayPal. Both acquirers are seeking to finalize the transaction by the end of July 2026.
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