Bankingbusiness lawcompany lawTop two ARM executives share up to £55m payout after SoftBank takeover
The top two executives at ARM Holdings will share a payout of up to £55m when the British microchip designer is bought by Japan’s SoftBank, terms of the sale reveal. SoftBank’s £24bn takeover will allow Simon Segars, ARM’s chief executive, to receive £17 for each of the 668,432 shares he owns, bringing in £11.4m. Mike Muller, the chief...