Osino Announces Acquisition Of Gold Property In Namibia From B2Gold Corp.
Jan 06, 2022•almost 4 years ago
Acquiring Company
Osino Resources Corp.
Acquired Company
Gold Property
Description
Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to announce that it has entered into an agreement to acquire the Ondundu gold exploration property in Namibia (“Ondundu”) from B2Gold Corp. ("B2Gold") dated December 31, 2021 (the "Acquisition Agreement").
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