PayPal stock rose after reports of a $53 billion takeover offer led by Stripe and Advent International. Analysts are split on whether the bid reflects the company's intrinsic value.

Stripe and private equity firm Advent International have submitted a bid to acquire PayPal for $53 billion. The proposal would result in an equal ownership split.

Stripe and Advent International have submitted a joint proposal to acquire PayPal in a deal valued at more than $53 billion. The offer would keep the company whole, though PayPal has not yet responded to the bid.

Stripe and Advent International have proposed a $53 billion acquisition of PayPal, a move that could significantly alter the global digital payments sector.