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Stripe, Advent Offer $60.50 PayPal Bid, Shares Surge

7/15/2026

47 3 Full Breakdown

Summary

Stripe Bids PayPal

Stripe and Advent International offered $60.50 per share for PayPal, a 28% premium to the $47.37 close, valuing it at $53 billion.
PayPal’s shares jumped 15%–20% in pre-market trading to roughly $55–$57, while the company and its board have not accepted the proposal.
CEO Enrique Lores, hired in March, split PayPal into three units and is pursuing $1.5 billion of cost cuts after its market value fell from $360 billion to $36 billion.

Summary

Analysts Reject Rumor

Analysts say no major outlet has confirmed a formal $60.50-a-share offer for PayPal, calling it an unverified rumor.
Advent International, with $90 billion in assets, views the possible deal as a chance to cut PayPal’s costs.
The merger would trigger antitrust review by the U.S. Justice Department and EU regulators.
PayPal hired Enrique Lores to lead a technology-first turnaround, indicating the board may favor an independent recovery.

History

Historical Context

eBay bought PayPal for $1.5 billion in October 2002, turning the auction site’s payment method into a core revenue driver. After the 2015 spin-off made PayPal independent, the platform expanded globally and amassed over 30 million accounts by 2005. Advent International’s rumored $53 billion offer in 2026 revives the 2002 deal’s scale, prompting antitrust review by the U.S. Justice Department and the European Commission.

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Stripe Bids PayPal

Stripe and Advent International offered $60.50 per share for PayPal, a 28% premium to the $47.37 close, valuing it at $53 billion.
PayPal’s shares jumped 15%–20% in pre-market trading to roughly $55–$57, while the company and its board have not accepted the proposal.
CEO Enrique Lores, hired in March, split PayPal into three units and is pursuing $1.5 billion of cost cuts after its market value fell from $360 billion to $36 billion.

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