Onsemi proposes to acquire Allegro Microsystems in all-cash transaction

Reuters

2025/03/06

March 5 (Reuters) - Onsemi ON.O said on Wednesday that it proposed to acquire sensor integrated circuits provider Allegro Microsystems ALGM.O for $35.10 per share in an all-cash transaction.

(Reporting by Pretish M J in Bengaluru; Editing by Mrigank Dhaniwala)

((PretishMJ@thomsonreuters.com; +91 8056974974;))

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