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Aimia Inc T.AIM.PR.C


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

Post by DaneOddmentson May 08, 2024 11:07am
305 Views
Post# 36028948

potential catalyst tomorrow - May 9th

potential catalyst tomorrow - May 9thMay 9th is the date that Paladin's options to buy up to 20% of Tufropes and Bozzetto expire.  Although Aimia could grant an extension, they would only do so if Paladin requested it and seemed likely to make use of it.

I'm thinking that Paladin doesn't have the money, but Jefferies does, and since I believe my theory that Jefferies is the puppet-master here, if they (Jefferies), like either of these deals, they will invest in Paladin so that Paladin can exercise their option on one or both.

Would be a good sign.  If not, perhaps a negative tell.
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