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3 clusters · 114 sources · 5 days · First seen · Last updated

Categories: BUSINESS

Stripe‑Advent $53bn PayPal bid under board review

Overview

Stripe and Advent International have kept their joint $53 billion offer for PayPal, valuing the company at $60.50 per share – a 28 % premium to the pre‑announcement price. The proposal is supported by roughly $50 billion of committed bank financing and would give each suitor a 50 percent stake. PayPal’s board, which earlier labeled the bid as undervaluing the company after its restructuring, continues to evaluate the offer. In statements on 19 July, directors highlighted PayPal’s $6.4 billion free‑cash‑flow generation and $13.5 billion cash position, arguing the price appears low relative to its potential. The board is also looking at the possibility of higher bids. Analysts reiterate that the deal would face extensive antitrust scrutiny in the U.S. and Europe and could reshape competition with Apple Pay, Google Pay and Samsung Pay. No decision has been reached yet.

Timeline

  1. 2 days ago

    [BUSINESS] 12 sources
    PayPal evaluates $53 billion takeover offer from Stripe and Advent International

    Stripe and Advent International have offered roughly $53 billion to acquire PayPal, but the board says the price undervalues the company’s restructuring potential. The bid, backed by $50 billion in financing, v

  2. 4 days ago

    [BUSINESS] 6 sources
    PayPal Board Says $53 B Stripe‑Advent Offer Undervalues Company

    PayPal’s board finds the $53 billion Stripe‑Advent bid inadequate, citing valuation, financing and antitrust concerns while the CEO vows a tech turnaround.

  3. 7 days ago

    [BUSINESS] 102 sources
    PayPal faces $53 bn takeover bid from Stripe and Advent International

    Stripe and Advent International have offered $60.50 per share, valuing PayPal at over $53 bn. The bid, backed by $50 bn financing, could give each buyer a 50% stake. PayPal’s board will review the offer as the股

Sources

abcbourse.com · abranet.org.br · actualidadecommerce.com · africa.businessinsider.com · aisj.org · ambcrypto.com · analyticsinsight.net · api.liguenouvelleaquitaine.ffr.fr · apike.ca · archynewsy.com · assodigitale.it · avronline.de · bani.md · bazaartimes.com · benguturk.com · bergischeuhren.de · bitcoinbazis.hu · blogspan.net · businessday.ng · businesspeople.it · capital.es · cash.ch · cnmo.com · cointrust.com · conflittodinteresse.it · crypto.news · cryptobreaking.com · cryptobriefing.com · dagensps.se · de.sapo.pt · dnyuz.com · easternherald.com · economiematin.fr · economymagazine.it · econoTimes.com · elcorreoweb.es · elnacional.cat · expansion.com · farrer.co.uk · faz.net · finance.technews.tw · financiarul.ro · finanzen.at · finanzen.ch · finanzen.net · finanzen100.de · finanznachrichten.de · fintechsbrasil.com.br