Premium of 28% "grabbing relatives"! Stripe and Ant Financial Capital offer $53.4 billion in cash to acquire PayPal.
The Zhitong Finance APP learned that, confirmed by sources, the digital payment giant Stripe and private equity firm Advent International have jointly made a bid to acquire PayPal, with a transaction valuation of approximately $53.4 billion. Boosted by this news, PayPal's stock price soared 17% at the close of trading on Wednesday.
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