Onsemi to Buy Synaptics in $6.2 Billion Stock Deal
Updated
Updated · Bloomberg · Jun 25
Onsemi to Buy Synaptics in $6.2 Billion Stock Deal
2 articles · Updated · Bloomberg · Jun 25
Summary
$6.2 billion is the equity value Onsemi placed on Synaptics in an all-stock acquisition announced Thursday, with Synaptics holders set to receive 1.35 Onsemi shares for each share they own.
The exchange ratio implies about a 19% premium to Synaptics based on both companies' closing prices over the past 10 trading days, outlining the main financial incentive for shareholders.
The transaction carries an enterprise value of roughly $7 billion including debt and is expected to close in mid-2027, pending regulatory and other required approvals.