Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions June 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:
** ON Semiconductor Corp <ON.O> said on Thursday it had agreed to acquire Synaptics <SYNA.O> in an all-stock deal valued at about $7 billion, its largest acquisition to date, as the chipmaker seeks to expand its presence in AI-enabled devices and so-called physical AI. nL4N42X204
** King Risk Partners has acquired North Andover, Massachusetts-based Perry Insurance Agency, the U.S. brokerage said on Thursday. nL6N42X0TI
** Texas-based Higginbotham has acquired Turbeville Insurance Agency, a Columbia, South Carolina-based independent brokerage with four offices across the state, while it has also expanded in South Georgia with a deal for Blanton & Griffin. nL6N42X18D
(Compiled by Rajarshi Roy and Kunal Das in Bengaluru)