Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports

​A ‌consortium of ​buyout firm ‌Advent and payment processor Stripe has ‌decided to ‌abandon its pursuit of fintech ⁠pioneer ​PayPal, ⁠Bloomberg News reported ⁠on Thursday, citing ​people familiar with ⁠the matter.

Reuters ⁠could ​not immediately verify ⁠the report.