Advent, Stripe consortium is said to drop pursuit of PayPal

The payments company, once the crown jewel of American financial technology, received a $60.50-per-share ⁠bid from ‌Stripe and private equity firm Advent International, which valued it at ⁠more than $53 billion, Reuters reported in July, citing sources.

Source: The Economic Times28 August 2026 at 7:50 am ISTrss

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Original headline: Advent, Stripe consortium is said to drop pursuit of PayPal
Product category: General technology
Curation state: ingested