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Twitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction. Twitter Inc is nearing a deal to sell itself to Elon Musk for $54.20 per share in cash, the price that he originally offered to the social media company and called his 'best and final', people familiar with the matter said. Twitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said. It is always possible that the deal collapses at the last minute, the sources added. Twitter has not been able to secure so far a 'go-shop' provision under its agreement with Musk that would allow it to solicit other bids from potential acquirers once the deal is signed, the sources said. Still, Twitter would be allowed to accept an offer from another party by paying Musk a break-up fee, the sources added. Twitter and Musk did not immediately respond to requests for comment.

Adani's estimated $123.7 billion net worth makes him the richest person in India. Gautam Adani, chairman of Indian conglomerate, has become the fifth richest person in the world by overtaking American investor Warren Buffett, according to Forbes. Adani, 59, has an estimated net worth of $123.7 billion as of Friday’s market close, edging out the $121.7 billion fortune of legendary investor Buffet, who is 91, according to the business magazine. Adani Group, a port-and-energy conglomerate with seven publicly traded companies in India, contibutes most in its chairman’s net worth. The group has seven listed companies, including Adani Enterprises, Adani Ports, Adani Power, Adani Total Gas, Adani Green Energy and Adani Transmission and Adani Wilmar. Adani’s fortune was worth $8.9 billion just two years ago. In March 2021, his wealth spiked to an estimated $50.5 billion and the fortune almost doubled to $90 billion in March 2022 as Adani Group stocks rose even further. His fortune really b