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PYPL — PayPal Holdings News Story

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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

- The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

** Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc <PYPL.O> for $60.50 per share, in a deal that would value the payments company at more than $53 billion, two people said.

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** Brazilian education company Anima <ANIM3.SA> said on Tuesday it has signed a contract to buy local rival FMU for 410 million reais ($80.9 million), according to a securities filing.

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(Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com;))

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