Acquiring Company
Mayfair Acquisition
Acquired Company
CANEX Metals
Description
Mayfair Acquisition Corp. intends to make an unsolicited offer to acquire all shares of CANEX Metals and Gold Basin Resources in an all share transaction. This proposal aims to consolidate the Arizona gold assets of both companies. The offer is yet to be formalized, and CANEX's Board will evaluate the terms once received.
FundzWatch™ Score
63
High M&A Activity
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed