PayPal board declines an above 53 billion US Dollars offer from Stripe and Advent

Source Summary

The Irish fintech and the private equity giant tabled a 60,50 US Dollars per share bid that would finance with debt facilities in the region of 50 billion US Dollars. Ireland’s Stripe, a global provider of digital payment infrastructures, and private equity Advent International tabled a 53 billion US Dollars or 60.50 US Dollars per share worth bid [...]