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Aimia Inc T.AIM

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

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.


TSX:AIM - Post by User

Bullboard Posts
Comment by borne2runon Jul 27, 2018 10:23am
65 Views
Post# 28376719

RE:RE:RE:RE:RE:RE:RE:RE:If Amia is serious about going alone...

RE:RE:RE:RE:RE:RE:RE:RE:If Amia is serious about going alone... 545, I suggest you read the Kuppy article.  The bank contracts extend until 2024.  Aimia is now firmly in the driver's seat.  Look at where the preferred shares are trading - 3 year highs. Even with dividends suspended, the prefs are trading higher than before AC stated they would not renew the contract.

I don't expect any investigation by regulators.  The contract has a fixed expiration date. Period.  End of story.  If there was no automatic renew clause, then AC was fully entitled to decide not to extend.  AC could even claim to be proactive by providing 2 years advance notice.
Bullboard Posts