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Stripe and Advent Bid $53 Billion for PayPal at $60.50 per Share on July 15

GateNews
Stocks
PYPL-0.77%
GS-3.03%
According to CNBC and Reuters, Stripe and Advent International bid $60.50 per share for PayPal on July 15, 2026, valuing the company at over $53 billion. PayPal's board reportedly views the offer as undervaluing the company and is expected to meet as soon as July 20, with Goldman Sachs and Evercore advising. The combined entity would process roughly $3.7 trillion in annual payment volume, based on Stripe's $1.9 trillion in 2025 payment volume and Braintree's $600 billion in processing volume.
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Lucas Bennett07-16 03:33
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