Advent International
Advent International partners with companies to help them realize their long-term vision, exploring new markets, embracing new technologies, launching new products, and fostering growth.
News Heat Trend
Related news
PayPal Board Believes Stripe and Advent's $53 Billion Acquisition Offer Is Too Low
According to Reuters, the PayPal board believes the $53 billion acquisition offer ($60.50 per share) jointly proposed by Stripe and private equity firm Advent International undervalues the company, and has concerns regarding regulatory approval risks and financing certainty; it has not yet formally responded to the proposal. The PayPal board believes that if management successfully executes the existing transformation strategy, the company's future potential value will far exceed the current offer. Meanwhile, the acquirers have obtained approximately $50 billion in financing support from JPMorgan Chase and Morgan Stanley, with Stripe and Advent contributing a combined $17 billion in equity. Reportedly, if the parties encounter antitrust hurdles, they may consider divesting assets such as PayPal's Braintree to Advent. Despite differences, Stripe and Advent are still regarded as the most serious potential buyers at present, and negotiations are expected to continue for some time. PayPal will release its quarterly earnings report on July 28, and the market will closely monitor the growth of its core checkout business.
Meanwhile
PayPal
Stripe
摩根大通
Stripe and Advent Jointly Bid Over $53 Billion to Acquire PayPal
According to Reuters, payment company Stripe and private equity firm Advent International have jointly submitted an acquisition offer to PayPal Holdings (PYPL.O), bidding $60.50 per share for a total valuation exceeding $53 billion, a premium of approximately 28% over PayPal's closing price on Tuesday. The offer is supported by approximately $50 billion in committed bank financing, with both parties planning to hold 50% equity each and not break up the company. The acquisition proposal was submitted earlier this month, following initial contact between the parties in early April. No response has been received from PayPal so far, and Stripe and Advent hope to reach an agreement by the end of the month. Whether the deal will ultimately close remains uncertain.
Acquire
PayPal
Stripe