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PayPal Not in Sale Talks as Stripe Interest Remains Exploratory

The company is preparing defenses against activists after a share slump.

Overview

  • Semafor reports that PayPal is not engaged in discussions to sell itself to Stripe or any other buyer.
  • Executives have worked for months with bankers on contingency plans for activist campaigns or unsolicited bids.
  • Bloomberg previously reported that Stripe explored acquiring all or parts of PayPal, yet no formal process or negotiations have begun.
  • Stripe’s private status means it cannot use its own shares for a purchase and would likely need substantial debt financing.
  • Incoming chief executive Enrique Lores is set to start next week following Alex Chriss’s exit, a transition that makes a near‑term deal less likely.