{
  "id": 3871407,
  "title": "Advent, Stripe drop $50 bln pursuit of PayPal, Bloomberg reports",
  "url": "https://urgent.news/2026/08/28/advent-stripe-drop-50-bln-pursuit-of-paypal-bloomberg-reports",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T02:37:45.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/advent-stripe-drop-50-bln-pursuit-of-paypal-bloomberg-reports-4880462"
  },
  "original_language": "en",
  "account": "Advent International and Stripe have ended their pursuit of PayPal Holdings, according to a Bloomberg News report. The consortium had been offering over $50 billion for the digital payments company, which would have been among the largest leveraged buyouts. The interest in PayPal arose after its shares dropped significantly, prompting Stripe to consider acquiring a portion or the entirety of the company. PayPal's stock has surged more than 40% this quarter, driven by better-than-expected earnings and the departure of its CEO. In March, PayPal replaced Alex Chriss with Enrique Lores in an effort to revitalize growth and modernize its operations amidst increasing competition from Apple and Alphabet. The consortium may return with another offer if the situation changes.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports",
        "url": "https://urgent.news/2026/08/28/advent-stripe-consortium-is-said-to-drop-pursuit-of-paypal-bloomberg",
        "published": "2026-08-28T01:50:49.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Advent, Stripe consortium is said to drop pursuit of PayPal",
        "url": "https://urgent.news/2026/08/28/advent-stripe-consortium-is-said-to-drop-pursuit-of-paypal",
        "published": "2026-08-28T02:20:57.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports",
        "url": "https://urgent.news/2026/08/28/advent-stripe-consortium-is-said-to-drop-pursuit-of-paypal-bloomberg-3871405",
        "published": "2026-08-28T02:42:46.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Advent, Stripe abandon $63.5b pursuit of fintech pioneer PayPal",
        "url": "https://urgent.news/2026/08/28/advent-stripe-abandon-63-5b-pursuit-of-fintech-pioneer-paypal",
        "published": "2026-08-28T02:45:00.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Advent, Stripe abandon US$50 billion pursuit of PayPal: Bloomberg",
        "url": "https://urgent.news/2026/08/28/advent-stripe-abandon-us-50-billion-pursuit-of-paypal-bloomberg",
        "published": "2026-08-28T03:10:40.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Stripe, Advent abandon pursuit to acquire PayPal: report",
        "url": "https://urgent.news/2026/08/28/stripe-advent-abandon-pursuit-to-acquire-paypal-report",
        "published": "2026-08-28T04:39:22.000Z"
      },
      {
        "outlet": "Handelsblatt",
        "title": "Zahlungsdienst: Advent und Stripe geben offenbar Übernahme von Paypal auf",
        "url": "https://urgent.news/2026/08/28/zahlungsdienst-advent-und-stripe-geben-offenbar-ubernahme-von-paypal",
        "published": "2026-08-28T04:41:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}