PayPal Faces Buyout Buzz After Big Stock Drop
PayPal is drawing interest from buyers following a sharp fall in its share price. New CEO starts soon amid competition challenges.
PayPal is drawing interest from buyers following a sharp fall in its share price. New CEO starts soon amid competition challenges.
Veris Residential to be bought by Affinius Capital-led group in $3.4B all-cash deal. Shareholders receive $19 per share. Expected close Q2 2026.
First Citizens BancShares, fresh off buying Silicon Valley Bank, is hunting for deals like a possible KeyCorp takeover to quickly surpass $250 billion in assets and handle tougher rules with more scale.
Two investment firms plan tender offers for three Blue Owl non-traded private credit funds at 20-35% below their value, offering quick cash to worried investors amid rising redemption pressures in the private credit market.
Blue Owl Capital's shares fell sharply after limiting withdrawals from a key private credit fund and selling $1.4B in loans. This highlights risks in the growing $1.8 trillion private credit market for everyday investors.
Klarna smashed its first-ever billion-dollar quarter with 38% revenue growth and huge US & banking gains. Despite the $26M net loss, the company is rapidly turning payments users into full banking customers.