SoftBank Group International Chief Financial Officer Alok Sama will step down from his post, according to an internal memo seen by Bloomberg News. He will remain a senior adviser at the company, according to the memo, which didn’t provide a reason for his departure. Sama led the execution teams for the $59 billion merger of Sprint and T-Mobile and the $34 billion acquisition of ARM Holdings Plc, among other deals, according to the memo. Sama will remain as a Softbank representative on boards including SB Energy and SoFi, according to the memo. This story has been published from a wire agency feed without modifications to the text.

Source: Mint April 20, 2019 06:56 UTC