Onsemi Enlists Morgan Stanley to Aid Allegro Pursuit
On Semiconductor Corp. has enlisted Morgan Stanley for advice as it pursues Allegro Microsystems Inc., people familiar with the matter said.
Onsemi, as the Phoenix-based company is known, has added the Wall Street bank alongside UBS Group AG as it weighs an acquisition of the advanced chipmaker, according to the people, who asked not to be identified discussing confidential information.
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