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Onsemi shelves offer to buy Allegro MicroSystems

, Reuters - 4:40 PM ET 4/14/2025 default

April 14 (Reuters) - U.S. chipmaker Onsemi said on Monday it is withdrawing its $35.10 per share offer for semiconductor solutions provider Allegro MicroSystems ( ALGM ). (Reporting by Utkarsh Shetti in Bengaluru; Editing by Devika Syamnath)

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Onsemi shelves offer to buy Allegro MicroSystems

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