The consortium composed of Stripe and Advent has abandoned the acquisition of PayPal.
2026-08-28 09:53:06
According to CoinMeta, and as reported by Bloomberg, a consortium consisting of the private equity firm Advent International and payment giant Stripe has decided to abandon its plan to acquire PayPal. Previously, the consortium offered a bid of $53 billion for the acquisition. Advent, Stripe, and PayPal have all refused to comment on the matter.
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Source:Internet
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