RE:RE:No other potential buyers? Think again... Here is a scenario on how Warren Buffett can be a "White Knight" for Aimia/Aeroplan.
Aimia/Aeroplan can obtain a equity capital injection from Warren Buffett at current price levels (approx. $4.00).
The cash coffers at Aimia/Aeroplan are bolstered as a result of this share offering.
As more announcements are made regarding Aeroplan 2.0, new strategic partners can be offered equity at $10/share (Mittleman Brothers fair value estimate).
Then, once Aeroplan 2.0 begins cruising, and if Air Canada, TD, CIBC etc. are still interested in an equity stake in Aimia/Aeroplan, they could be offered equity at $20/share. By then, the Aeroplan 2.0 flight path will be clear for all to see.
Incidentally, Aimia/Aeroplan did trade in the $20/share range previously.
justbull4u wrote: Approaching Warren Buffet for an investment in Aimia/Aeroplan is a good idea.
Warren Buffet has an investment interest in Amex, one of Aeroplan's financial partners.
Warren Buffet can be the Aimia/Aeroplan "White Knight".
Warren Buffet knows Canada well as he recently invested in Home Capital.
Hmmm….
CatamaranFund wrote: AC and the big 3 Finance pimps. TD Bank, CIBC and VISA would have you believe that there are no other capable parties of taking on Aeroplan or Amia + Aeroplan with their $2B in redemption liabilities...think again!
startagl063
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I wouldn't say there's no other buyer. I think the list of potential Canadian buyers is small, but if you start looking at someone like Alliance Data who owns Air Miles, LoyaltyOne, etc., this acquisition would be a drop in the bucket for them.
Then there is always Warren Buffet... who would have thought tthat he would step into troubled Home Capitol just recently. Where ever there is an underdog like Aimia who is battling the Bully consortium and smelling of great VALUE, there will always be surprise happy endings.
Dont cash out on AIMIA - Things are now going to get interesting....Cheers
I wouldn't say there's no other buyer. I think the list of potential Canadian buyers is small, but if you start looking at someone like Alliance Data who owns Air Miles, LoyaltyOne, etc., this acquisition would be a drop in the bucket for them.