PayPal Holdings is in negotiations with payments group Stripe and private equity firm Advent International over a potential takeover, with the parties discussing a higher price after an initial offer was rejected, according to a report by the Wall Street Journal. There report cites unnamed people familiar with the matter as highlighting that Stripe and Advent proposed paying $60. PayPal considered the offer too low, prompting further discussions over a potential improved bid. An agreement could potentially be reached in the coming weeks, although there is no certainty that the talks will result in a transaction. 8% on Friday following reports of the discussions, giving the company a market value of close to $53bn.