Stripe and Advent International have made a joint offer to acquire PayPal Holdings Inc. for $60.50 per share, backed by $50 billion in bank financing.
South Korea's KOSPI index surged up to 7.94% intraday, breaking 7400 points, with significant gains in major stocks like SK Hynix and Samsung Electronics.
Geopolitical tensions escalated as Jordan and Kuwait intercepted Iranian ballistic missiles and drones, leading to a 1% rise in Brent crude futures to $85.60.
PayPal Acquisition Bid, KOSPI Surges, Mideast Tensions Lift Oil