diff --git a/packages/core/schematics/ng-generate/control-flow-migration/fors.ts b/packages/core/schematics/ng-generate/control-flow-migration/fors.ts
index cc0ad8b4003..c9865a99db6 100644
--- a/packages/core/schematics/ng-generate/control-flow-migration/fors.ts
+++ b/packages/core/schematics/ng-generate/control-flow-migration/fors.ts
@@ -113,8 +113,8 @@ function migrateStandardNgFor(etm: ElementToMigrate, tmpl: string, offset: numbe
     // template
     if (part.startsWith('template:')) {
       // this generates a special template placeholder just for this use case
-      // which has a # at the end instead of the standard | in other placeholders
-      tmplPlaceholder = `#${part.split(':')[1].trim()}#`;
+      // which has a φ at the end instead of the standard δ in other placeholders
+      tmplPlaceholder = `θ${part.split(':')[1].trim()}φ`;
     }
     // aliases
     // declared with `let myIndex = index`
diff --git a/packages/core/schematics/ng-generate/control-flow-migration/ifs.ts b/packages/core/schematics/ng-generate/control-flow-migration/ifs.ts
index 25087c8b7c8..a5dcace6683 100644
--- a/packages/core/schematics/ng-generate/control-flow-migration/ifs.ts
+++ b/packages/core/schematics/ng-generate/control-flow-migration/ifs.ts
@@ -133,7 +133,7 @@ function buildStandardIfElseBlock(
                         .replace(' as ', '; as ')
                         // replace 'let' with 'as' whatever spaces are between ; and 'let'
                         .replace(/;\s*let/g, '; as');
-  const elsePlaceholder = `#${etm.getTemplateName(elseString)}|`;
+  const elsePlaceholder = `θ${etm.getTemplateName(elseString)}δ`;
   return buildIfElseBlock(etm, tmpl, condition, elsePlaceholder, offset);
 }
 
@@ -153,9 +153,9 @@ function buildBoundIfElseBlock(etm: ElementToMigrate, tmpl: string, offset: numb
   } else if (aliases.length === 1) {
     condition += `; as ${aliases[0]}`;
   }
-  const elsePlaceholder = `#${etm.elseAttr!.value}|`;
+  const elsePlaceholder = `θ${etm.elseAttr!.value}δ`;
   if (etm.thenAttr !== undefined) {
-    const thenPlaceholder = `#${etm.thenAttr!.value}|`;
+    const thenPlaceholder = `θ${etm.thenAttr!.value}δ`;
     return buildIfThenElseBlock(etm, tmpl, condition, thenPlaceholder, elsePlaceholder, offset);
   }
   return buildIfElseBlock(etm, tmpl, condition, elsePlaceholder, offset);
@@ -194,8 +194,8 @@ function buildStandardIfThenElseBlock(
                         .replace(' as ', '; as ')
                         // replace 'let' with 'as' whatever spaces are between ; and 'let'
                         .replace(/;\s*let/g, '; as');
-  const thenPlaceholder = `#${etm.getTemplateName(thenString, elseString)}|`;
-  const elsePlaceholder = `#${etm.getTemplateName(elseString)}|`;
+  const thenPlaceholder = `θ${etm.getTemplateName(thenString, elseString)}δ`;
+  const elsePlaceholder = `θ${etm.getTemplateName(elseString)}δ`;
   return buildIfThenElseBlock(etm, tmpl, condition, thenPlaceholder, elsePlaceholder, offset);
 }
 
@@ -206,7 +206,7 @@ function buildStandardIfThenBlock(
                         .replace(' as ', '; as ')
                         // replace 'let' with 'as' whatever spaces are between ; and 'let'
                         .replace(/;\s*let/g, '; as');
-  const thenPlaceholder = `#${etm.getTemplateName(thenString)}|`;
+  const thenPlaceholder = `θ${etm.getTemplateName(thenString)}δ`;
   return buildIfThenBlock(etm, tmpl, condition, thenPlaceholder, offset);
 }
 
diff --git a/packages/core/schematics/ng-generate/control-flow-migration/types.ts b/packages/core/schematics/ng-generate/control-flow-migration/types.ts
index 85dde952b52..32a27bc15c1 100644
--- a/packages/core/schematics/ng-generate/control-flow-migration/types.ts
+++ b/packages/core/schematics/ng-generate/control-flow-migration/types.ts
@@ -141,11 +141,12 @@ export class ElementToMigrate {
   getTemplateName(targetStr: string, secondStr?: string): string {
     const targetLocation = this.attr.value.indexOf(targetStr);
     const secondTargetLocation = secondStr ? this.attr.value.indexOf(secondStr) : undefined;
-    return this.attr.value.slice(targetLocation + targetStr.length, secondTargetLocation)
-        .replace(':', '')
-        .trim()
-        .split(';')[0]
-        .trim();
+    let templateName =
+        this.attr.value.slice(targetLocation + targetStr.length, secondTargetLocation);
+    if (templateName.startsWith(':')) {
+      templateName = templateName.slice(1).trim();
+    }
+    return templateName.split(';')[0].trim();
   }
 
   getValueEnd(offset: number): number {
diff --git a/packages/core/schematics/ng-generate/control-flow-migration/util.ts b/packages/core/schematics/ng-generate/control-flow-migration/util.ts
index 87e8ecfec9a..4c83442bca8 100644
--- a/packages/core/schematics/ng-generate/control-flow-migration/util.ts
+++ b/packages/core/schematics/ng-generate/control-flow-migration/util.ts
@@ -325,8 +325,8 @@ export function processNgTemplates(template: string): {migrated: string, err: Er
 
     // swap placeholders and remove
     for (const [name, t] of templates) {
-      const replaceRegex = new RegExp(`${name}\\|`, 'g');
-      const forRegex = new RegExp(`${name}\\#`, 'g');
+      const replaceRegex = new RegExp(`θ${name.slice(1)}\\δ`, 'g');
+      const forRegex = new RegExp(`θ${name.slice(1)}\\φ`, 'g');
       const forMatches = [...template.matchAll(forRegex)];
       const matches = [...forMatches, ...template.matchAll(replaceRegex)];
       let safeToRemove = true;
@@ -367,7 +367,7 @@ export function processNgTemplates(template: string): {migrated: string, err: Er
 }
 
 function replaceRemainingPlaceholders(template: string): string {
-  const replaceRegex = new RegExp(`#\\w*\\|`, 'g');
+  const replaceRegex = new RegExp(`θ.*δ`, 'g');
   const placeholders = [...template.matchAll(replaceRegex)];
   let migrated = template;
   for (let ph of placeholders) {
diff --git a/packages/core/schematics/test/control_flow_migration_spec.ts b/packages/core/schematics/test/control_flow_migration_spec.ts
index aac93e7096f..ce73c9cb682 100644
--- a/packages/core/schematics/test/control_flow_migration_spec.ts
+++ b/packages/core/schematics/test/control_flow_migration_spec.ts
@@ -4046,6 +4046,109 @@ describe('control flow migration', () => {
            `}`,
          ].join('\n'));
        });
+
+    it('should handle OR logic in ngIf else case', async () => {
+      writeFile('/comp.ts', `
+        import {Component} from '@angular/core';
+        import {NgIf} from '@angular/common';
+
+        @Component({
+          templateUrl: './comp.html'
+        })
+        class Comp {
+          show = false;
+        }
+      `);
+
+      writeFile('/comp.html', [
+        `<div *ngIf="condition; else titleTemplate || defaultTemplate">Hello!</div>`,
+        `<ng-template #defaultTemplate> Default </ng-template>`,
+      ].join('\n'));
+
+      await runMigration();
+      const content = tree.readContent('/comp.html');
+
+      expect(content).toBe([
+        `@if (condition) {`,
+        `  <div>Hello!</div>`,
+        `} @else {`,
+        `  <ng-template [ngTemplateOutlet]="titleTemplate || defaultTemplate"></ng-template>`,
+        `}`,
+        `<ng-template #defaultTemplate> Default </ng-template>`,
+      ].join('\n'));
+    });
+
+    it('should handle ternaries in ngIfElse', async () => {
+      writeFile('/comp.ts', `
+        import {Component} from '@angular/core';
+        import {NgIf} from '@angular/common';
+
+        @Component({
+          templateUrl: './comp.html'
+        })
+        class Comp {
+          show = false;
+        }
+      `);
+
+      writeFile('/comp.html', [
+        `<ng-template`,
+        `  [ngIf]="customClearTemplate"`,
+        `  [ngIfElse]="isSidebarV3 || variant === 'v3' ? clearTemplateV3 : clearTemplate"`,
+        `  [ngTemplateOutlet]="customClearTemplate"`,
+        `></ng-template>`,
+        `<ng-template #clearTemplateV3>v3</ng-template>`,
+        `<ng-template #clearTemplate>clear</ng-template>`,
+      ].join('\n'));
+
+      await runMigration();
+      const content = tree.readContent('/comp.html');
+
+      expect(content).toBe([
+        `@if (customClearTemplate) {`,
+        `  <ng-template`,
+        `    [ngTemplateOutlet]="customClearTemplate"`,
+        `  ></ng-template>`,
+        `} @else {`,
+        `  <ng-template [ngTemplateOutlet]="isSidebarV3 || variant === 'v3' ? clearTemplateV3 : clearTemplate"></ng-template>`,
+        `}`,
+        `<ng-template #clearTemplateV3>v3</ng-template>`,
+        `<ng-template #clearTemplate>clear</ng-template>`,
+      ].join('\n'));
+    });
+
+    it('should handle ternaries in ngIf', async () => {
+      writeFile('/comp.ts', `
+        import {Component} from '@angular/core';
+        import {NgIf} from '@angular/common';
+
+        @Component({
+          templateUrl: './comp.html'
+        })
+        class Comp {
+          show = false;
+        }
+      `);
+
+      writeFile('/comp.html', [
+        `<div *ngIf="!vm.isEmpty; else vm.loading ? loader : empty"></div>`,
+        `<ng-template #loader>Loading</ng-template>`,
+        `<ng-template #empty>Empty</ng-template>`,
+      ].join('\n'));
+
+      await runMigration();
+      const content = tree.readContent('/comp.html');
+
+      expect(content).toBe([
+        `@if (!vm.isEmpty) {`,
+        `  <div></div>`,
+        `} @else {`,
+        `  <ng-template [ngTemplateOutlet]="vm.loading ? loader : empty"></ng-template>`,
+        `}`,
+        `<ng-template #loader>Loading</ng-template>`,
+        `<ng-template #empty>Empty</ng-template>`,
+      ].join('\n'));
+    });
   });
 
   describe('formatting', () => {