Elon Musk has officially purchased Twitter for $44 billion, with Jack Dorsey, the social media giant’s creator, pledging his support to the Tesla co-founder. Musk has long stated that he “loves” Twitter, and when Business Insider’s Dave Smith suggested that he acquire it in 2017, Musk responded with, “How much is it?” implying that Musk has been considering purchasing Twitter for some time. Do you also acquire or want to purchase Twitter shares in India? Then this guide is for you.
Because Twitter is a publicly listed firm, there are millions of individuals who own shares. With Elon Musk’s acquisition of Twitter and his proposal to take the firm private, you’re probably wondering what will happen to your Twitter stock.
Twitter Shares In India
Indians can also invest in American enterprises, with several already listed on the NSE IFSC. However, if you wish to invest in other firms, brokers like as Vested, INDmoney, and others provide access to US corporations through their platforms.
When a publicly listed firm is recommended to be taken private, the buyer – who might be the company itself or an outside investor – offers to buy publicly held shares at a higher price. This means that if Company A’s stock is trading at $10, the buyout price will be more than $10 in order for public shareholders to sell their shares.
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Shares Of Twitter
Elon Musk bid $54.20 per share for Twitter, and the stock is presently trading under $52 after another jump of roughly 5% on the purchase news yesterday (April 25).
How To Purchase Twitter Shares In India?
Twitter is a publicly listed corporation with millions of ordinary investors owning shares. Individual investors can use global investment platforms such as Vested Finance, INDmoney, Stockal, or Winvesta to purchase Twitter shares in India.
Surprisingly, Indian investors were given another investing option with a simple investment process and inexpensive costs. Investing in US equities is now a time-consuming and costly process. This needs to be thought about while considering twitter shares in India.
Also Read – Helpful Tips To Invest Money to Manage Your Finances
Conclusion
Rather than seeking to capture the arbitrage advantage today, investors who have observed the advance should record profits in the stock. The stock is presently selling at a significant premium since the firm has not been able to provide revenue growth in recent years, and we may not see any further acquisition attempts from other investors, which might affect the price. This is all you must know about Twitter shares in India.
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