PayPal stock jumps risk as Stripe-$53B buyout bid emerges

Stripe and private equity firm Advent International reportedly made a joint offer to acquire PayPal Holdings for more than $53 billion, valuing the deal at $60.50 per share. That is about a 28% premium versus PayPal’s recent close. The bid is backed by roughly $50 billion in committed financing and follows a prior approach in early April. Sources say the consortium is waiting for PayPal’s board response and aims to move discussions forward in the coming weeks. Under the proposed structure, Stripe and Advent would each hold a 50% stake in PayPal. The potential PayPal stock catalyst arrives after PayPal delivered solid Q1 results: revenue of $8.35 billion (vs. $8.05 billion expected) and currency-neutral total payment volume up 8% year over year to about $464 billion. PayPal is also pursuing AI-driven operational streamlining, targeting around $1.5 billion in cost savings over the next two to three years for reinvestment. In trading, PayPal stock fell 0.59% to close at $47.37, then edged up about 0.06% in after-hours to roughly $47.40. Traders will likely watch the next session for whether the reported bid supports a move toward the offer price.