Stripe and Advent bid $53 billion for PayPal at 28% premium

Stripe and private equity firm Advent International jointly offered July 15, 2026, to acquire PayPal Holdings for $60.50 per share, valuing it at over $53 billion. The offer carries a 28% premium to PayPal's prevailing share price. PayPal's board has not formally responded. The pairing of a strategic buyer with a financial sponsor suggests a majority-cash structure reliant on debt financing, making credit market appetite and PayPal's own balance sheet central to deal viability.