Aimia Inc T.AIM

Alternate Symbol(s): T.AIM.PR.A | AIMFF | 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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Post by borne2runon Nov 14, 2018 11:55am

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Post# 28972868

Learn to Read Guys & Gals

The deal was already struck with Air Canada.
AC buys the Aeroplan business for $450 million in cash - that's the deal.
They do not get the Cardlytics shares, the stake in Club Premier or the mid east assets.

Why do you think the board has asked management to construct business scenarios for the post Aeroplan period?

Why is the final deal taking so long to finalize.
Easy Answer - waiting on AC and the banks to complete the Credit Card extension agreement - current deal expires in 2024. AC wants long term certainty.

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