内容来源：https://www.engadget.com/2246144/stripe-led-group-is-reportedly-abandoning-paypal-acquisition/

内容总结：

据彭博社援引知情人士消息，由支付巨头Stripe牵头、联合私募股权公司Advent组成的收购财团，已放弃对PayPal的收购计划。此前本月早些时候，有报道称双方曾就收购事宜进行接触。若交易达成，这将成为史上规模最大的杠杆收购之一，交易金额将超过500亿美元。

今年7月，PayPal股价处于历史低位，市值约为400亿美元，Stripe与Advent曾提出约530亿美元的收购报价，但遭到PayPal方面的拒绝。随后，Stripe财团曾准备提高报价。PayPal在新冠疫情期间市值最高曾达到3200亿美元。

Stripe及其合作伙伴原本视PayPal近期经营困境为低价买入的良机。然而，PayPal最新一季度业绩超出市场预期，叠加收购传闻的刺激，其股价已上涨40%。股价回升推高了收购成本，使得杠杆收购的可行性大幅降低。

PayPal新任CEO恩里克·洛雷斯于今年3月上任，正通过将公司重组为三个业务部门（结账、Venmo、支付与加密货币）来推动转型。分析人士指出，若Stripe与PayPal合并，将有助于Stripe减少对Visa和万事达的依赖，同时整合PayPal旗下Venmo结账系统及加密货币功能。彭博社称，Stripe和Advent未来仍有可能重新提出收购要约。

中文翻译：

据报道，Stripe牵头的集团放弃收购PayPal

据知情人士向彭博社透露，Stripe和收购公司Advent已不再推进本月早些时候报道的对PayPal的收购。如果交易成功，这将成为有史以来规模最大的杠杆收购之一，交易金额远超500亿美元。

今年7月，PayPal股价处于历史低位，估值400亿美元时，据报道Stripe和Advent提出了约530亿美元的收购要约。据称卖方拒绝了这一报价，因此Stripe集团据称准备提出更高的出价。PayPal在新冠疫情期间市值最高曾达到3200亿美元。

Stripe及其合作伙伴很可能将PayPal近期的困境视为以大幅折扣收购的机会。然而，这家先驱支付公司最近一个季度的业绩超出了大多数预期，加上收购传闻的推动，其股价上涨了40%。这反过来可能抬高了出售价格，使得杠杆收购的可行性降低。

PayPal新任CEO恩里克·洛雷斯于今年3月上任，他一直致力于通过将公司分为三个部门（分别聚焦结账、Venmo以及支付/加密货币）来实现扭亏为盈。Stripe与PayPal的合并本可减少前者对Visa和MasterCard的依赖，同时让Stripe整合PayPal的Venmo结账系统及其加密货币功能。彭博社称，Stripe和Advent未来仍可能选择对PayPal发起收购。

英文来源：

Stripe-led group is reportedly abandoning its PayPal acquisition
The deal could have been could have been one of the biggest leveraged buyouts ever.
Stripe and buyout firm Advent are no longer pursuing their acquisition of PayPal as was reported earlier this month, people familiar with the matter told Bloomberg. If it had gone through, the deal could have been could have been one of the biggest leveraged buyouts ever at well over $50 billion, according to the report.
In July this year when PayPal was trading at historic lows and valued at $40 billion, Stripe and Advent reportedly made an offer worth around $53 billion. Their suitor was said to have rejected it, so the Stripe group was reportedly preparing a higher bid. PayPal was worth as much as $320 billion at its highest market value during the height of the COVID pandemic.
Stripe and its partner likely saw PayPal's recent struggles as an opportunity to buy it at a significant discount. However, the pioneering payment company's latest quarter beat most estimates which (along with the takeover rumors), helped boost its stock price by 40 percent. That may in turn have raised the selling price, making a leveraged takeover less feasible.
PayPal's new CEO Enrique Lores, appointed in March, has been working to turn the company around by dividing it into three units focused on checkout, Venmo and payment/crypto. A Stripe-PayPal merger could have reduced the former's reliance on Visa and MasterCard, while allowing Stripe to incorporate PayPal's Venmo checkout system and its crypto features. Stripe and Advent could still opt to make a bid for PayPal in the future, Bloomberg said.