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Aimia Inc T.AIM

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

Comment by nedstar71on Jul 13, 2023 8:54am
187 Views
Post# 35538909

RE:RE:RE:RE:RE:New Press Release - AIMIA'S TUFROPES SUBSIDIARY TO ACQUIRE CORTLAND INDUSTRIAL FOR $26.6 MILLION

RE:RE:RE:RE:RE:New Press Release - AIMIA'S TUFROPES SUBSIDIARY TO ACQUIRE CORTLAND INDUSTRIAL FOR $26.6 MILLIONI hear what you're saying but imo take away the Mithaq noise and the was already headed to the low 4's.  Add in an aggressive NCIB, and a favourable acquisition and $5 - 6 would have been quite do-able.  As it stands they may as well burn through all the cash doing some close to home deals and leave nothing for Mithaq to pick away at.  They're after the cash and if you think Mittleman's are bad (which I don't necessaily disagree on but some of ther recent moves seem sound) I wouldn't even want to imagine the horrific junk Mithaq would piss the money away on.

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