Advent International and Stripe have walked away from a pursuit to acquire PayPal, ending talks that valued the payments company somewhere between $50 billion and $63.5 billion depending on the source. The deal, if completed, would have ranked among the largest private equity-led buyouts in history. PayPal shares dropped 12 percent in after-hours trading once the news broke.
PayPal loses the acquisition premium that was almost certainly already priced into speculative positions, and that 12 percent drop reflects the market unwinding that bet fast. Investors holding PYPL for a takeout gain now face a stock trading purely on fundamentals, which have been under pressure for two years. Broader fintech ETFs with heavy PayPal weighting will feel the drag.
PayPal Q2 2025 earnings report, expected late July 2025. Any new regulatory filings or 13D disclosures from Advent or Stripe over the next 30 days.
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