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US chipmaker Nvidia's notification of its planned $6.9 billion takeover of Israeli peer Mellanox was still awaiting formal acceptance by China's competition regulator, MLex has learned.
US chipmaker Nvidia's planned $6.9 billion takeover of Israeli peer Mellanox is expected to go through an ordinary merger review procedure by China's competition regulator, as opposed to a fast-track process, MLex has learned.
This year’s proxy voting season was supposed to be a watershed for South Korean corporate governance, with 11 companies targeted for activism, versus just two in 2018. But with Elliott rejected by Hyundai Motor shareholders and KCGI, Korea’s biggest activist fund, blocked from submitting proposals at next week’s Hanjin KAL vote, it appears activism in Korea will only advance at a pace dictated by Korea’s financial establishment.