Acquiring Company
Stallion Gold
Acquired Company
Athabasca Basin Properties
MineralPrecious MetalsMining
Description
Stallion Gold Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: SLLGF) is pleased to announce it has signed a share purchase agreement dated January 5, 2022 (the "Definitive Agreement") among the Company, U92 Exploration Limited. ("U92") and the shareholders of U92 to acquire all of the issued and outstanding securities of U92 (the "Transaction").
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