Aimia's largest shareholder plans takeover bid for company

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TORONTO — The largest shareholder of Aimia Inc. says it has become disillusioned and frustrated by the company's board and management team, so it plans to make a bid to take Aimia private in a deal that values the company at about $308 million.

Under the proposal, Mithaq Canada Inc., a wholly-owned subsidiary of Mithaq Capital SPC, says it will offer $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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Aimia's largest shareholder makes takeover bid for companyTORONTO — The largest shareholder of Aimia Inc. says it has become disillusioned and frustrated by the company's board and management team, so it has made a bid to take Aimia private in a deal that values the company at about $308 million. 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. Aimia shares closed up two cents at US$3.07 on the Toronto Stock Exchange on Tuesday. M
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »

Aimia's largest shareholder makes takeover bid for companyTORONTO — The largest shareholder of Aimia Inc. says it has become disillusioned and frustrated by the company's board and management team, so it has made a bid to take Aimia private in a deal that values the company at about $308 million.
منبع: SooToday - 🏆 8. / 85 ادامه مطلب »

Aimia’s largest shareholder makes takeover bid for companyUnder the proposal, Mithaq Canada Inc. has offered $3.66 per share in cash for the stake in Aimia it does not already own
منبع: globeandmail - 🏆 5. / 92 ادامه مطلب »

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