Acquiring Company
Defense Metals
Acquired Company
Mining C
VancouverTorontoNatural ResourcesScience And EngineeringSoftwareManufacturingProfessional ServicesDescription
Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that it has completed the acquisition of Spectrum Mining Corporation ("Spectrum"), the holder of a one hundred percent (100%) interest in the Wicheeda Rare Earth Element (REE) Property.
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