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Nissan, Renault, Mitsubishi to adopt one board for alliance

Bloomberg Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. plan to form a single board that will oversee their alliance’s governance and operations, according to people familiar with the matter, as the automakers try to streamline their decision making following the arrest of Carlos Ghosn. The group will replace two separate Amsterdam-based alliance entities, Renault-Nissan BV and Nissan-Mitsubishi BV, ...

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Nvidia to buy Mellanox for $6.9bn in data center push

Bloomberg Nvidia Corp. agreed to buy chipmaker Mellanox Technologies Ltd. for $6.9 billion, gaining expertise to help it push into the growing market for data center components. Santa Clara, California-based Nvidia is paying $125 a share in cash for the company, which makes chips used to speed the flow of information across computer servers. That’s a 14 percent premium to ...

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Barrick ends hostile bid for Newmont to form joint venture

Bloomberg Barrick Gold Corp. is withdrawing its $17.8 billion hostile takeover bid for New- mont Mining Corp., with the companies opting instead to forge a joint venture around their Nevada projects. The change came weeks after Barrick proposed an all-share offer that would have created the world’s largest gold producer. After Newmont’s board rejected the bid, Newmont Chief Executive Officer ...

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