International Companies

ON Semiconductor reportedly mulling Allegro takeover bid

By Josh White

Date: Monday 03 Mar 2025

(Sharecast News) - ON Semiconductor is exploring a potential acquisition of Allegro MicroSystems, it emerged on Monday, as the chip sector looked to consolidate amid an uncertain demand outlook.
According to Bloomberg, the Arizona-based chipmaker had been working with advisers in recent months to assess a deal, though it was unclear...

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