Foreign media: Paypal and Stripe are currently not in negotiations, and Paypal has no plans to sell itself at the moment
According to the American financial media Semafor, Paypal (PYPL.O) and Stripe are currently not in negotiations. Paypal (PYPL.O) currently has no plans to sell itself. According to insiders, Paypal has been working with bankers for months to prepare for potential activist investor actions or unwanted acquisition offers.
Insiders stated that after a significant drop in PayPal's stock price, executives are facing the risk of initiating an acquisition process as a precautionary measure. Bankers began collaborating with PayPal during the tenure of former CEO Alex Chriss, who left on February 3.
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