Aimia Inc T.AIM

Alternate Symbol(s): AIMFF | T.AIM.PR.A | T.AIM.PR.C | T.AIM.PR.D

Chemicals Specialty Chemicals

Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets. The Cortland International segment consists of Tufropes and Cortland Industrial LLC (Cortland). Tufropes is a manufacturer of synthetic fiber ropes and netting solutions for maritime and other different industrial customers. Cortland is a designer, manufacturer, and supplier of technology advanced synthetic ropes, slings, and tethers to the aerospace & defense, marine, renewables, and other diversified industrial end markets. The Holdings segment includes investments in Clear Media Limited, Kognitiv, as well as minority investments in various public company securities and limited partnerships.

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Aimia Inc

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Comment by Mattywack2on Nov 23, 2018 12:49pm

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Post# 29014685

RE:RE:Letter posted on Mittleman's site

I have mostly been in the liquidate camp too, primarily because of timelines. I would like to get my money out of Aimia to be able to deploy it elsewhere, especially if the market continues with this bit of a correction and stuff starts to go on sale. A liquidation would do that.

On the other hand, liquidation requires being able to extract a fair value from the 49% PLM stake, and that could be difficult. Also, liquidation does not allow the tax losses in Aimia to be utilized. WIth tax losses in the $650 million dollar range, they vanish on liquidation, but could be used for years to off set income should the company continue as an investment vehicle.