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Stripe and Advent Push Higher PayPal Takeover Bid After Initial Rejection
Stripe and private equity firm Advent International are advancing a higher takeover bid for PayPal after an initial offer was rejected, according to reports, with price renegotiations ongoing. A completed deal would redraw global payments infrastructure that African fintechs and cross-border operators depend on.
2 sources
- Stripe, Advent push for PayPal buyout amid price renegotiations · innovation-village.com · T2
- Stripe and Advent push ahead with a higher PayPal takeover bid after rejected offer · techtrendske.co.ke · T2