Channel News Asia·Singapore·Friday, August 28, 2026 at 01:50 AM

Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports

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CNA

28 Aug 2026 09:50AM

Aug 27 : 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.

Reuters could not immediately verify the report.

Source: Reuters

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