Aimia Inc T.AIM

Alternate Symbol(s): AIMFF | T.AIM.P.A | T.AIM.P.C | T.AIM.P.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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Post by Konaboyon Jul 08, 2021 1:54pm

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Post# 33515432

What's going on?

Sale of position at a 40% premium - where is the bad news?

Clear Media, the largest bus shelter media operator in China, has been acquired by a consortium of investors, driven by the existing Clear Media management team. The consortium acquires all the shares in the entire issued share capital. The offer shares are HK $ 7.12 each in cash, which is 39.61% higher than the closing price on the last trading day, HK$5.10.

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