– UK, Cambridge – ARM Holdings plc (LON: ARM) and SoftBank Group Corp, on 18 July 2016, had their respective boards of directors announcing an agreement on the terms of a recommended all-cash offer for the entire issued and to be issued share capital of ARM by SoftBank.
Today, ARM and SoftBank announces that the Scheme had become effective and consequently ARM announces that the following directors have been appointed to the ARM Board as of today’s date in the following positions:
- Masayoshi Son (Chairman and Executive Director)
- Ronald Fisher (Executive Director)
- Alok Sama (Executive Director).
Masayoshi Son currently acts as Chairman and CEO for SoftBank and Chairman for Sprint Corporation and holds executive directorships in Yahoo Japan Corporation and Alibaba Group Holding Limited.
Ronald Fisher currently holds executive positions in SoftBank and Sprint Corporation and has held previous executive directorships in E*TRADE Financial Corporation and GSI Commerce Inc.
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