Allegro drawing takeover interest by ON Semiconductor

M&A News: Allegro ($ALGM) Reportedly Sees Takeover Interest from Larger Rival On Semiconductor
Allegro Microsystems (ALGM), a manufacturer of sensor and power integrated circuits (ICs), is seeing takeover interest from larger rival On
ON Semiconductor reportedly mulling Allegro takeover bid
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.
Allegro MicroSystems Shares Climb on Reported Takeover Interest
Shares of Allegro MicroSystems jumped after Bloomberg reported that the company is being pursued for a takeover by On Semiconductor. The stock was up 13% at $25.22 in premarket trading on Monday. Shares were trading at $32.48 this time a year ago.
Allegro drawing takeover interest from ON Semiconductor, Bloomberg News reports
March 2 (Reuters) - Sensor integrated circuits provider Allegro Microsystems (ALGM.O), opens new tab is drawing takeover interest from larger competitor ON Semiconductor (ON.O), opens new tab ...
Allegro Stock Leaps on Report ON Semi Could Seek to Buy It
Allegro stock gained 20% to $26.78 in morning trading, on track for its largest daily percentage increase on record, according to Dow Jones Market Data. ON Semi has been working w
Allegro drawing takeover interest by ON Semiconductor: report
Allegro MicroSystems (NASDAQ:ALGM) has drawn takeover interest from ON Semiconductor (NASDAQ:ON), Bloomberg reported Sunday, citing people familiar with the matter. According to the report, ON Semiconductor in recent months has been working with advisors to pursue its smaller rival,
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ON Semiconductor Eyes Allegro Microsystems Acquisition to Expand Automotive Chip Business
ON Semiconductor Corporation (NASDAQ:ON) is reportedly exploring the acquisition of Allegro Microsystems Inc. (NASDAQ:ALGM) ...
AbbVie, Reddit, Allegro MicroSystems: Market Minute
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Allegro draws takeover interest from ON Semiconductor, Bloomberg says
Allegro MicroSystems (ALGM) is drawing takeover interest from ON Semiconductor (ON), Liana Baker, Gillian Tan, and Ryan Gould of Bloomberg ...
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Allegro MicroSystems
Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. Its sensor ICs enable customers to ...
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Allegro MicroSystems Appoints Mike Doogue as President and Chief Executive Officer
MANCHESTER, N.H., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader ...
New York State Common Retirement Fund Sells 209,384 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)
New York State Common Retirement Fund reduced its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM – Free Report) by 34.8% in the 4th quarter, according to its most recent disclosure with the ...