ON Semi (ON) has agreed to acquire Synaptics (SYNA) in an all-stock transaction, representing a total enterprise value of approximately USD 7bln
Newsquawk Staff ·
- Deal expected to be accretive to non-gaap EPS within 18 months; USD 200mln annual synergies expected.
- ON reiterates Q2 FY26 outlook.
- Ukraine President Zelensky says Ukraine is ready for peace talks at G20, but so far no such invitation
- An Israeli military official told Channel 12 that here is no reason to launch an attack on Iran before the elections; If we detect preparations in Iran for an attack, we will act
- US President Trump says "Iran is doing everything they can to drive up the price of Oil prior to the U.S. Midterm Election".
- US EQUITY OPEN: Mag-7 earnings lead Tech and Indices lower as the Middle East situation remains fragile
- Infineum is exploring a USD 8bln sale, the FT reports
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