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Latest news with #AllegroMicrosystemsInc.
Bloomberg
31-03-2025
- Business
- Bloomberg
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.
Bloomberg
02-03-2025
- Business
- Bloomberg
Allegro Is Said to Draw Takeover Interest from ON Semiconductor
Allegro Microsystems Inc. is drawing takeover interest from larger competitor ON Semiconductor Corp., according to people familiar with the matter. Phoenix-based ON Semi has been working with advisers in recent months to pursue Allegro, the people said, asking not to be identified because the matter is private.
