Stripe and Advent International in acquisition talks for PayPal

Stripe and Advent International in acquisition talks for PayPal

Payment processing giant Stripe and private equity firm Advent International are in active negotiations to acquire PayPal Holdings, according to The Wall Street Journal. The investor group is seeking a revised agreement after PayPal’s board rejected an initial $60.50 per-share takeover proposal in July that valued the digital payments pioneer at approximately $53 billion. Read:…

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Silver Lake said to be in talks to buy Workday

Silver Lake said to be in talks to buy Workday

Workday South Africa MD Kiv Moodley speaking at a recent client event in Johannesburg Private equity firm Silver Lake is in talks to acquire Workday in a deal that would rank among the largest software buyouts in history, according to people familiar with the matter. News of the talks sent Workday shares nearly 18% higher…

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