Paypal and Stripe are not currently in negotiations, and Paypal has no plans to sell itself at this time.
According to U.S. financial media Semafor, Paypal(PYPL.O) and Stripe are not currently in negotiations. Paypal(PYPL.O) has no plans to sell itself. Sources familiar with the matter revealed that Paypal has been working with bankers for months to prepare for potential aggressive investor actions or unnecessary acquisition offers. Sources said that earlier, PayPal's stock price plummeted, and executives faced the risk of initiating acquisition processes due to risk management considerations. Bankers have been working with Paypal since the tenure of former CEO Alex Chriss, who left on February 3.
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Paypal and Stripe are not currently in negotiations, and Paypal has no plans to sell itself at this time.
According to U.S. financial media Semafor, Paypal(PYPL.O) and Stripe are not currently in negotiations. Paypal(PYPL.O) has no plans to sell itself. Sources familiar with the matter revealed that Paypal has been working with bankers for months to prepare for potential aggressive investor actions or unnecessary acquisition offers.
Sources said that earlier, PayPal's stock price plummeted, and executives faced the risk of initiating acquisition processes due to risk management considerations. Bankers have been working with Paypal since the tenure of former CEO Alex Chriss, who left on February 3.