It was reported that Stripe and Advent International had made a purchase offer to PayPal at a price of US$ 60.50 per share, and that PayPal was valued at over US$ 53 billion. After the news came out, PayPal stock price increased by about 15%.
Trading quotations
The quotation indicated that the parties planned to move forward with some $50 billion in bank financing. If the acquisition is completed, Stripe and Advent will each hold 50% of the equity.
Market responses
PayPal stock prices rose rapidly after the news was released, reflecting the market ' s concern about this potential merger. Discussions are still under way, but the deal has not been settled.
Follow-up progress
The information currently disclosed indicates that the transaction is still at the consultation stage. The final signing of the agreement remains dependent on the outcome of subsequent negotiations.