March 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- On Semiconductor 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.
- U.S. President Donald Trump will exempt automakers from tariffs on Canada and Mexico for one month as long as they comply with existing free trade rules, the White House said on Wednesday.
- KKR KKR.N and Walmart WMT.N have agreed to sell Seiyu supermarket chain for about $2.5 billion, ending foreign ownership of one of Japan’s most well-known supermarket operators.
- Merck's MRK.N injected version of its blockbuster cancer drug Keytruda could face a potential patent challenge from biotech Halozyme Therapeutics HALO.O.
- Starbucks CEO Brian Niccol asked the employees on Tuesday to step it up, get back in the office and take responsibility for improving the company's performance, in his first address to employees since announcing widespread layoffs last month.
- Dollar Tree DLTR.O on Wednesday named former Tyson Foods executive Stewart Glendinning as chief financial officer, effective March 30.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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