WS #12101

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Stripe and Advent International make joint offer to buy PayPal for over $53 billion ($60.50/share), backed by ~$50 billion in bank financing. China's Q2 GDP grew 4.3% YoY, missing 4.5% forecast, with weak domestic demand and property downturn offsetting export strength.

Stripe-Advent PayPal Acquisition Offer

Stripe and Advent International make joint offer to buy PayPal for over $53 billion ($60.50/share), backed by ~$50 billion in bank financing.

China's Q2 GDP grew 4.3% YoY, missing 4.5% forecast, with weak domestic demand and property downturn offsetting export strength.

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