Global Economy — 2026-07-15

Stripe and Advent International Offer to Buy PayPal for More Than $53 Billion in Joint Acquisition Bid

BLUFPayPal's board is unlikely to accept the $53 billion Stripe-Advent bid within the next month, setting up a prolonged negotiation that could push the final price toward $70 per share.

Stripe and Advent International submitted a joint offer earlier this month to acquire PayPal Holdings for $60.50 per share in cash, valuing the deal at more than $53 billion, formalizing an initial approach the two firms made in early April that went unanswered by PayPal's board, Reuters reported, citing two people familiar with the matter 1. CNBC's David Faber separately confirmed the bid, putting its value at $53.4 billion and reporting that Stripe, Advent, and Block are contributing $17 billion in equity alongside roughly $50 billion in committed bank financing 2. The offer represents a 28% premium to PayPal's Tuesday closing share price, and PayPal shares rose as much as 17% on the news 12. Under the proposal, Stripe and Advent would jointly own PayPal with equal stakes rather than break up the company, and PayPal has yet to respond 1. CNBC reported the PayPal board could meet as soon as July 20 to weigh the offer, and PayPal, Stripe, and Advent all declined to comment 12.

Analysis
Stripe and Advent's $60.50-per-share bid is almost certainly an opening offer rather than a final number, with analysts flagging room to climb toward $70 if the board resists; PayPal's board is unlikely to accept within the next month, given CEO Enrique Lores's commitment to an independent turnaround. Confidence is moderate, resting on Reuters as the sole primary source for the board's internal timeline, including the unconfirmed July 20 meeting date, while CNBC, Inside Retail Asia, and TechCrunch amplify rather than corroborate independently. The selective leak of deal terms may reflect a pressure campaign on PayPal's board rather than genuine confidence a transaction closes. Acceptance would trigger antitrust review of merging the two largest online payment networks and move Stripe's $50 billion financing from standby to deployment; rejection keeps PayPal's standalone restructuring as the near-term catalyst investors are watching.
4 sources
  1. Exclusive-Stripe, Advent offer to buy PayPal for more than $53 billion, sources say - Reuters
  2. Stripe, Advent make $53 billion takeover offer for PayPal, sending stock soaring - CNBC
  3. Stripe, Advent set to offer US$53 billion to buy PayPal - Inside Retail Asia
  4. Stripe and Advent reportedly offered to buy PayPal for around $53.4B - TechCrunch

View in full brief →

UNCLASSIFIED // OPEN SOURCE