PayPal is trading 14.96% down now at ARS 10460.00 after Stripe and Advent International abandoned their proposed acquisition.
- The consortium reportedly offered $60.50 per share, valuing PayPal at more than $53 billion; negotiations stalled over valuation, regulatory, and financing concerns.
- Weaker global risk sentiment and falling cryptocurrencies are adding pressure; Bitcoin is down 1.31% and Ethereum 2.59%.