0855 GMT - Adyen shouldn't be immediately impacted by potential M&A activity from U.S. rival Stripe, ING's Thymen Rundberg writes in a note. Paypal Holdings is in talks to sell itself to a group that includes Stripe and private-equity firm Advent International, The Wall Street Journal reported, citing sources familiar with the matter. While Stripe is building a wider ecosystem across consumers, merchants and AI developers, the Amsterdam-based company remains a neutral, merchant-focused commerce service provider, he says. "We see this neutrality as a genuine differentiator, although Stripe's broader reach could strengthen its competitive position over time," Rundberg adds. Adyen shares are down 1.4% at 1,046.60 euros.