Onsemi proposes to acquire Allegro Microsystems in all-cash transaction-June 2024-www.financetom.com

Onsemi proposes to acquire Allegro Microsystems in all-cash transaction

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Onsemi proposes to acquire Allegro Microsystems in all-cash transaction

Mar 5, 2025 7:53 PM

March 5 (Reuters) - Onsemi said on Wednesday that

it proposed to acquire sensor integrated circuits provider

Allegro Microsystems ( ALGM ) for $35.10 per share in an

all-cash transaction.

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

Dhaniwala)

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