Osino Closes Acquisition Of Minority Interests, Files Technical Report For Twin Hills Gold Project, Namibia
Sep 22, 2022•almost 3 years ago
Acquiring Company
Osino Resources Corp.
Acquired Company
Minority Interests
Description
Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to announce that, further to its news release dated August 16, 2022, the Company has completed acquisitions of two remaining minority interests in the mineral properties comprising the Twin Hills Gold Project (the "Acquisitions").
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