Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports
Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports
Fri, August 28, 2026 at 1:50 AM UTC
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Aug 27 (Reuters) - A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal, Bloomberg News reported on Thursday, citing people familiar with the matter.
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Reuters could not immediately verify the report.
(Reporting by Fabiola Arámburo in Mexico City; Editing by Rashmi Aich)
Source: “AOL Money”
