Aimia's largest shareholder makes takeover bid for company

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 83 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

TORONTO — 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

TORONTO — 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.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.

'It's not taxed at all': Warren Buffett shares the 'best investment' you can make when battling against inflation — and it doesn't have to cost you a dimeI wouldn’t be surprised if ENB stock even doubles in value in the next 10 years. Here why. The post Where Will Enbridge Stock Be in 10 Years? appeared first on The Motley Fool Canada.N.W.T.

Despite fanfare, federal funding and even a visit from the prime minister, the owner of an N.W.T. mine project is closing down its processing plant in Saskatoon. Vital Metals owns Cheetah Resources, which is the owner of the Nechalacho mine project, about 100 kilometres south-east of Yellowknife. The project is one of the first rare earth metal mines in Canada.

-- A Bank of Canada official said there’s a risk firms will continue to raise prices more frequently and more sharply, complicating efforts to bring inflation back to 2%.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely — and Coming SoonKevin McCarthy Ousted as US House Speaker by Republican DissidentsAirbnb Is Fundamentally Broken, Its CEO Says.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 47. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,020.92, down 156.26 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 76 cents, or 0.95 per cent, to $79.65 on 16.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,177.18, down 364.09 points): Toronto-Dominion Bank (The). (TSX:TD). Finance. Down $1.42, or 1.7 per cent, to $80.41 on 16.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »