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Private Equity

2 stories on Private Equity, newest first.

2 min read5 sourcesBullish

Stripe and Advent team up on $53 billion bid for struggling PayPal

Payments firm Stripe and private-equity firm Advent International have jointly offered to acquire PayPal for $60.50 per share, valuing the deal at over $53 billion. The offer sent PayPal's stock soaring on Wednesday, marking its best day ever, though PayPal has been reluctant to engage with the buyers so far.

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2 min read3 sourcesBullish

Apollo tops Castlelake in bidding war for budget airline easyJet

EasyJet has agreed to a takeover bid from US private-equity firm Apollo worth around $7.65 billion, preferring it over a rival offer from Castlelake. The competing bids have sparked a bidding war for Britain's low-cost carrier, and easyJet's stock surged 13% on the news.

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