Tech Brew Ride Home · Friday, August 28, 2026
Bloomberg reports that Advent and Stripe have withdrawn their pursuit of acquiring PayPal, having previously offered $60.50 per share, valuing the company at $53 billion. This news comes after PayPal's stock had already recovered significantly, jumping over 40% this quarter, partly due to the takeover interest and better-than-expected second-quarter earnings. Analysts anticipate investor focus will now shift back to PayPal's fundamental growth challenges.
“Bloomberg says that Advent and Stripe are no longer pursuing a deal to acquire PayPal.”
“The group offered to pay $60.50 of share back in July, valuing PayPal at $53 billion.”
“Dan Doleve, an analyst at Mizuho Securities, said investor focus is likely to shift back to PayPal's slowing fundamentals and growth challenges without a deal.”