Exclusive: Mellanox nears truce with Starboard over board seats - sources

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Incoming Chief Executive Bernard Looney will not take up either of BP's seats on the board of Rosneft when he takes over in February because of the complexity of the relationship with the Russian oil giant, five company sources said......»»

Two employees of Icahn Enterprises L.P. are vying for seats on the utility's board......»»

EU officials are seeking to finalise a plan for public stakes to be taken in key European companies to shield them from the economic fallout of the COVID-19 pandemic, three sources familiar with the matter told Reuters......»»

Senior cabinet officials in the Trump administration agreed to new measures to restrict the global supply of chips to China's Huawei Technologies, sources familiar with the matter said, as the White House ramps up criticism of China over coronavirus......»»

U.S. oil and gas producer Occidental Petroleum Corp is nearing an agreement with activist investor Carl Icahn to halt a proxy battle in return for board seats, according to a person familiar with the matter......»»

Frustrated over eBay Inc.’s slow response to its demands, activist investor Starboard Value LP is reportedly making a move on the company board. The Wall Street Journal reports that Starboard has “privately nominated an additional minority slate of.....»»

The Italian government is leaning toward reappointing Claudio Descalzi as CEO of state-controlled oil firm Eni, provided he will work with a new board to speed up efforts to cut carbon emissions, four senior political sources told Reuters......»»

The Credit Suisse spying debacle risks tipping the bank into a crisis that could engulf its top executives......»»

U.S. chipmaker Nvidia is set to win unconditional EU antitrust approval for its $6.8 billion acquisition of Mellanox Technologies , people familiar with the matter said on Wednesday......»»

Daimler's main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters......»»

French shareholders in the planned merger of PSA and Fiat Chrysler are seeking reassurances that they will retain a numerical advantage on a combined board if CEO Carlos Tavares leaves, two sources close to PSA said......»»

Qatari investors in Deutsche Bank want the lender's chairman to leave after he botched an attempt to appoint their envoy to the board, people familiar with the matter said......»»

U.S. power company Sempra Energy is near an agreement to sell its Chilean business to State Grid Corporation of China for close to $3 billion, the latest deal in its bid to shed non-core assets, people familiar with the matter said on Friday......»»

OxyContin maker Purdue Pharma LP is nearing a partial.....»»

By Rania El Gamal, Alex Lawler, Marwa Rashad and Hadeel Al Sayegh.....»»

Wells Fargo & Co board members are considering keeping interim Chief Executive Allen Parker in the job permanently even after saying they would seek an outsider to fill the role, according to two sources familiar with the board's thinking......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Wells Fargo & Co's board has retained executive search firm Spencer Stuart to hunt for a new chief executive, ideally a woman who can tackle its regulatory and public perception issues, two people familiar with the matter said......»»

Newell Brands and Carl Icahn have reached a deal in which Mr. Icahn will give up board seats he recently won in favor of candidates supported by activist fund Starboard......»»