The $60.50 buyout bid for PayPal equates to less than 9x adjusted FCF, which is inadequate given their strong cash generation. Read the full analysis here.
Start Your NewsReadery Pro FREE TRIAL!
| | |
#paypal / Page 3
PayPal Holdings (PYPL) is fielding a joint takeover offer from Stripe and private equity firm Advent International worth more than $53 billion, according to Reuters. PayPal runs the checkout button behind millions of online stores and owns Venmo,
Stripe and Advent make $53B bid to take PayPal private - SiliconANGLE ...
PayPal, which owns Venmo, is the target of what one group of analysts described as a "lowball" offer from Stripe, another payment processor, and Advent, a private equity firm.
Stripe, which was set up by John and Patrick Collison, pictured, has joined forces with a US private equity giant in an attempt to buy the rival firm.
PayPal Holdings, Inc. rated Buy with $70 target as takeover interest and strong FCF suggest undervaluation vs $60.5 offer. Click for this PYPL update.
PayPal (PYPL) breaks above key moving averages on Stripe/Advent $53B bid rumors; RSI signals overbought risk.
PayPal stock rallied after Stripe and Advent's reported $53B offer. Michael Burry says the bid is too low and expects it to rise.
Major banks exceed earnings forecasts, IBM suffers worst day ever, PayPal jumps on $53B buyout reports, and ASML raises AI chip outlook. Full market wrap.
Advent International and Stripe's $53bn offer is a bargain for the buyers ...