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Top headlines: Musk launches hostile takeover of Twitter; M&M raises prices

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BS Web Team
Elon Musk launches $43-bn hostile takeover of Twitter

Elon Musk has made a “best and final” offer to buy Twitter Inc., saying the company has extraordinary potential and he will unlock it.

The world’s richest man will pay $54.20 per share in cash, representing a 54% premium over the Jan 28. closing price and a value of about $43 billion.

Twitter's shares jumped 12% in premarket trading. Read more.

Holcim considering potential sale of India's $9.6 bn Ambuja Cements

Holcim Ltd., the world’s biggest cement maker, is considering a potential sale of businesses in India including Ambuja Cements Ltd.,