Under the proposal, Mithaq Canada Inc., a wholly-owned subsidiary of Mithaq Capital SPC, has offered $3.66 per share in cash for the stake in Aimia it does not already own.
Mithaq is a segregated portfolio company and affiliate of Mithaq Holding Co. a family office based in Saudi Arabia.The company voted against the re-election of the company's board of directors at its annual meeting earlier this year.The Canadian Press
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