ON Semiconductor Corp
ON: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| M%b | LOCK|XP!c | LOCK|$C#VLSM |
Onsemi: We See Allegro Offer as a Fair Price for a Strategic Fit
On March 5, Onsemi announced an all-cash offer of $35.10 per share for Allegro MicroSystems, which implies an enterprise value of $6.9 billion. This valuation is a 57% premium to Allegro's share price at the end of February, before rumors of a deal first circulated.
