Market Chatter: PayPal Holdings Board Sees Stripe-Advent Offer as Inadequate

MT Newswires Live

07/17

PayPal Holdings (PYPL) views a $53 billion takeover proposal from Stripe and private equity firm Advent International as undervaluing the company, and presenting regulatory and financing risks, Reuters reported Thursday, citing a person familiar with the matter.

PayPal has not formally responded to the $60.50-per-share offer, Reuters reported, citing two other sources. The board is evaluating the bid alongside management's turnaround strategy and the possibility that other offers could emerge.

The board also is weighing deal certainty, financing, potential regulatory hurdles and the likely timeline for completing a transaction, Reuters reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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The board is evaluating the bid alongside management's turnaround strategy and the possibility that other offers could emerge.</p><p>The board also is weighing deal certainty, financing, potential regulatory hurdles and the likely timeline for completing a transaction, Reuters reported.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0158827948.USD","symbol_name":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2652303478","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2652303478","pubTimestamp":1784244886,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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