Onsemi, AMD, Hormel Lead Week's Biggest M&A Deals

Seeking Alpha··USAU·Read original
4▲6 ▼0Impact / 5
Summary · why it matters

Onsemi announced a new agreement to acquire Synaptics for $123 a share in cash, revising the all-stock deal disclosed in June after an unsolicited competing proposal. Advanced Micro Devices said it would acquire World Labs, an AI model and research lab, in an all-stock transaction valued at nearly $8.2 billion. Hormel Foods agreed to acquire Brakebush Brothers, a value-added chicken provider, from the Brakebush family for approximately $1.055B, with the deal expected to close in the first quarter of fiscal 2027. Lynas Rare Earths agreed to acquire Australian peer Meteoric Resources in an all-stock deal valued at A$968M, or $672M. Mattel soared 19% after a report that the toymaker has recently received takeover interest from Authentic Brands, while Walgreens private-equity owner Sycamore is near a deal to sell the U.K. pharmacy chain Boots for close to $9 billion, including debt.

Impact on assets 8

Artificial Intelligence▲ · 3 stocks
Synaptics Incorporated
SYNA
▲ PositiveCapitalrelevance

Synaptics is being acquired by Onsemi for $123 a share in cash under the revised deal.

Defense & Geopolitical Fragmentation▲ · 1 stocks
Lynas Rare Earths Ltd.
0A2N
▲ PositiveCapitalrelevance

Lynas agreed to acquire Meteoric Resources in an all-stock deal valued at A$968M.

Consumer Staples▲ · 1 stocks
Consumer Discretionary▲ · 1 stocks
Mattel Inc
MAT
▲ PositiveCapitalrelevance

Mattel soared 19% after a report it received takeover interest from Authentic Brands.

Semiconductors▲ · 1 stocks
ON Semiconductor Corporation
ON
▲ PositiveCapitalrelevance

Onsemi announced an agreement to acquire Synaptics for $123 a share in cash, revising its prior all-stock deal.

Energy Transition & Power Demand▲ · 1 stocks

Off-coverage companies 5

Meteoric ResourcesPrivate▲ Positive
Capitalrelevance

Meteoric Resources is being acquired by Lynas in an all-stock deal valued at A$968M.

World LabsPrivate▲ Positive
Capitalrelevance

AMD agreed to acquire World Labs in an all-stock deal valued at nearly $8.2 billion.

Boots (The Boots Group)Private± Mixed
Capitalrelevance

Boots is the subject of a near-$9B sale by owner Sycamore, but the article gives no clear positive or negative read for the chain itself.

Sycamore PartnersPrivate▲ Positive
Capitalrelevance

Sycamore is near a deal to sell Boots for close to $9 billion including debt, a profitable exit for the PE owner.

Walgreens Boots AlliancePrivate± Mixed
Capitalrelevance

Walgreens' private-equity owner Sycamore is near a deal to sell the Boots chain, a portfolio event rather than a Walgreens-specific development.