onsemi cuts Synaptics offer to USD 123 per share in revised merger agreement
Bitget2026/10/01 20:34- onsemi agreed revised terms to buy Synaptics for USD 123 per share in cash, valuing the deal at about USD 5.7 billion.
- Price cut from the prior agreement’s roughly USD 7 billion value, following a review of an unsolicited competing proposal.
- Transaction now expected to be immediately accretive to onsemi’s non-GAAP EPS at closing.
- Financing planned from cash on hand, backed by fully committed debt financing from Morgan Stanley.
- Closing targeted by mid-2027, pending Synaptics shareholder approval and remaining regulatory clearances.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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