# Stripe and Advent end takeover bid for PayPal > Live situation record from CLSTR: https://clstr.news/situations/stripeadvent-bid-for-paypal > Updated: 2026-08-30T05:30:00.000Z. Sources: 227. Developments: 11. In mid-July 2026, Stripe and Advent International submitted an unsolicited $53 billion joint bid to acquire PayPal at $60.50 per share. PayPal’s board rejected the offer, stating it was inadequate and fell below the $70-per-share valuation the company deems appropriate. On July 28, PayPal reported Q2 2026 earnings that exceeded forecasts, with $8.68 billion in revenue and an adjusted EPS of $1.38. By mid-August, reports indicated that PayPal had entered renewed negotiations with Stripe and Advent International to explore a potentially higher valuation. These discussions involved a structure where Stripe and Advent would become equal 50% co-owners of the combined entity without splitting the business. Despite these ongoing talks, PayPal reportedly rejected an initial takeover offer from the consortium as negotiations continued regarding a higher purchase price. On August 28, the takeover attempt ended after the consortium abandoned its bid. Negotiations stalled because PayPal found the offers insufficient, and the board raised concerns regarding financing security and potential regulatory hurdles. The news of the failed deal triggered a significant market reaction, with PayPal shares plunging by as much as 16 percent in premarket trading, erasing much of the gains from the recent summer rally. Following the collapse of the bid, PayPal shares experienced a decline of approximately 13 percent. Wall Street analysts responded by adjusting their outlooks; Mizuho Financial Group lowered its price target from $60 to $51, and Loop Capital reduced its target from $62 to $50, citing the loss of the acquisition premium. However, Keefe Bruyette maintained an ‘Outperform’ rating with a $70 price target, suggesting the previous bid may have been too low. ## Claims - A consortium consisting of Stripe and Advent International has ended its attempt to acquire PayPal. (disputed by 23 sources) - PayPal is in talks to be acquired by a consortium including Stripe and Advent International. (disputed by 16 sources) - The new negotiations may involve an offer higher than the previous $60.50 per share. (corroborated by 16 sources) - PayPal has declined to comment on the reports regarding potential sale negotiations. (corroborated by 16 sources) - Stripe stated it does not comment on rumors or speculation regarding the potential acquisition. (corroborated by 16 sources) - The consortium had previously offered more than $50 billion to acquire PayPal. (corroborated by 14 sources) - PayPal shares fell by approximately 14% to 15% following news of the abandoned takeover. (corroborated by 13 sources) ## Timeline ### 2026-08-30: PayPal shares plunge after Stripe and Advent abandon takeover bid PayPal shares fell nearly 13% after reports that a $53 billion takeover attempt by Stripe and Advent International collapsed due to disagreements over company valuation. 9 sources. https://clstr.news/cluster/paypal-shares-plunge-after-stripe-and-advent-abandon-takeover-bid ### 2026-08-28: Stripe and Advent abandon $53 billion PayPal takeover bid Stripe and Advent International have withdrawn their $53 billion takeover bid for PayPal after the company's board rejected the offer as insufficient, causing PayPal shares to plunge up to 16%. 32 sources. https://clstr.news/cluster/paypal-shares-drop-after-stripe-and-advent-end-takeover-bid ### 2026-08-17: PayPal rejects takeover offer from Stripe and Advent International PayPal has rejected a $53 billion takeover bid from Stripe and Advent International, though negotiations for a higher price are reportedly ongoing. 8 sources. https://clstr.news/cluster/paypal-rejects-takeover-offer-from-stripe-and-advent-international ### 2026-08-14: PayPal in talks for acquisition by Stripe and Advent International PayPal is in renewed talks to be acquired by Stripe and Advent International, potentially at a higher price than a previously rejected $53 billion offer. 21 sources. https://clstr.news/cluster/paypal-in-talks-for-sale-to-stripe-and-advent-international ### 2026-08-02: Stripe and Advent International propose $53 billion acquisition of PayPal Stripe and Advent International offered over $53 billion to acquire PayPal at $60.50 per share, sending PayPal stock up 19% while the company has not yet responded. 2 sources. https://clstr.news/cluster/stripe-and-advent-international-propose-53-billion-acquisition-of-paypal ### 2026-07-28: PayPal Rejects $53B Stripe/Advent Offer, Posts Strong Q2 2026 Results PayPal rejected a $53 bn Stripe/Advent offer, calling it inadequate, and posted Q2 2026 revenue of $8.68 bn (+5%), EPS $1.38, payment volume $486 bn (+10%). The company raised its FY EPS outlook to $5.38 andits 69 sources. https://clstr.news/cluster/paypal-beats-q2-earnings-while-weighing-stripeadvent-takeover-offer ### 2026-07-26: PayPal posts Q2 earnings beat, rejects $53 bn Stripe‑Advent takeover offer PayPal beat Q2 2026 earnings expectations, raised its 2026 EPS outlook and outlined $400 M cost cuts, while rejecting a $53 bn Stripe‑Advent takeover bid. 10 sources. https://clstr.news/cluster/stripe-proposes-53-billion-acquisition-of-paypal ### 2026-07-22: PayPal Board Rejects $53 B Stripe‑Advent Offer Valuing Shares at $60.50 Stripe and Advent offered $53 billion to buy PayPal at $60.50 per share; PayPal’s board rejected the bid as too low and is seeking higher valuation. 4 sources. https://clstr.news/cluster/stripes-53-bn-offer-for-paypal-rejected-by-board ### 2026-07-19: PayPal board rejects $53 billion Stripe‑Advent takeover bid PayPal’s board rejected a $53 billion offer from Stripe and Advent, deeming $60.50 per share too low; the company will stick to its restructuring plan pending upcoming earnings. 17 sources. https://clstr.news/cluster/paypal-receives-53-billion-bid-from-stripe-and-advent-international ### 2026-07-17: 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. 6 sources. https://clstr.news/cluster/paypal-board-says-53-b-stripeadvent-offer-undervalues-company ### 2026-07-15: 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 102 sources. https://clstr.news/cluster/stripe-and-advent-submit-53-billion-bid-to-acquire-paypal --- Cite as: Stripe and Advent end takeover bid for PayPal. CLSTR, https://clstr.news/situations/stripeadvent-bid-for-paypal