Synaptics gains on revised Onsemi buyout deal
SYNA•Onsemi amended its all-cash agreement to acquire Synaptics for about $5.7 billion, down from roughly $7 billion under the previous deal. The revised offer is $123 per share, and the deal is expected to close by mid-2027 pending shareholder approval and remaining regulatory clearances.
1. Revised acquisition offer
Onsemi amended its merger agreement to acquire Synaptics in an all-cash transaction valued at about $5.7 billion, down from roughly $7 billion under the previous agreement. The revised offer values Synaptics at $123 per share and follows an unsolicited competing proposal; the deal is expected to close by mid-2027, pending shareholder approval and remaining regulatory clearances.
