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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
Post by TVRon Aug 07, 2018 10:24am
145 Views
Post# 28420765

Aimia Cash Balance

Aimia Cash BalanceI may have missed this in earlier posts but Aimia has a $530 million cash balance (equivalent to almost $3.50 per share). I believe this is mostly a reserve for the points liability. What would happen to this if a deal is reached to sell Aeroplan. Does Aimia get to retain the cash for the shareholders as well as any purchase price? If the cash goes with Aeroplan it seems to me that the $250 million Ac consortium offer was effectively a negative $280 million! If cash is retained and they got a decent price for Aeroplan (e.g. $500 million), then Aimia could have $1 billion cash, equivalent to over $6.50 per share + at least another $2 per share for its other businesses, so value could be $8+??
Bullboard Posts