Stripe-led group is reportedly abandoning its PayPal acquisition
ThinkingNews Desk · how this was written
Stripe and its consortium have dropped plans to acquire PayPal, ending a pursuit that once targeted a multibillion-dollar transaction. The group had previously proposed a $60.50-per-share offer, which would have valued PayPal at roughly $53 billion. The abandonment marks a decisive shift away from the earlier acquisition strategy.
Written from all 3 reports below, not from any single one.
How it was reported
- Hacker News·Stripe said to abandon $50B pursuit of PayPal
- TechMeme·Sources: Advent and Stripe are no longer pursuing a deal to acquire PayPal; the group offered to pay $60.50/share in July, valuing PayPal at $53B (Bloomberg)
Advent and Stripe have dropped their effort to acquire PayPal after previously proposing a $60.50-per-share offer that valued the company at roughly $53 billion. The consortium’s withdrawal ends a pursuit that had targeted a deal exceeding $50 billion. PayPal’s shares fell 12.71 percent following the news.
- Engadget·Stripe-led group is reportedly abandoning its PayPal acquisition
Stripe and private-equity firm Advent have halted their pursuit of PayPal, ending talks that earlier this month suggested a $53 billion leveraged buyout. The effort faded after PayPal’s stock jumped 40 percent on a strong earnings report, raising the price needed for a feasible acquisition. Bloomberg notes the parties could still consider a future bid.
Related stories
- Stripe is reportedly in talks to buy PayPal3 outlets
- Sources: Stripe and PE firm Advent International have jointly offered $60.50/share to acquire PayPal, a 28% premium to Tuesday's close, valuing it at $53B+ (Milana Vinn/Reuters)3 outlets
- Stripe hits a $159B valuation after an employee share sale to investors like Thrive, Coatue, and a16z, a 70% jump from its $92B valuation in February 2025 (Akila Quinio/Financial Times)3 outlets
- Stripe didn’t really buy OpenRouter because of the ‘singularity’4 outlets