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Aimia Confirms Discussions with Aeromexico Regarding Potential PLM Transaction
Aimia Confirms Discussions with Aeromexico Regarding Potential PLM Transaction ...
About this update from Aimia Inc.
[{"type":"text","content":"\n \n \n \n Aimia Confirms Discussions with Aeromexico Regarding Potential PLM Transaction\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Oct. 4, 2021\n \n /CNW Telbec/ - Aimia Inc. (\"Aimia\" or the \"Company\") (TSX: AIM), announced today that in conjunction with recent disclosures made in the bankruptcy proceedings of Grupo Aeromexico S.A.B. de C.V. (\"Aeromexico\") (BMV: AEROMEX) relating to PLM Premier, S.A.P.I. de C.V. (PLM), the operator of the Club Premier loyalty program in\n \n Mexico\n \n , Aimia acknowledges that the Company is in discussions with Aeromexico and its Debtors regarding a potential transaction whereby the Company would divest its 48.9% equity stake in PLM which would become a wholly-owned subsidiary of Aeromexico.\n \n \n The Company has not entered into an agreement to effect any particular transaction, and there can be no assurance that such discussions will result in any such agreement. As such, neither Aimia nor any of its designated representatives will be providing any additional comments at this time. The Company does not intend to issue any further press release or provide any updates regarding these matters unless, and until, it enters into a binding, definitive agreement with respect to a transaction.\n \n \n All shareholders, prospective investors, and analysts are encouraged to rely only on information provided by the Company in its ongoing disclosures, which are available on the Company website and on SEDAR.\n \n \n \n About Aimia\n \n \n \n Aimia Inc. (TSX: AIM) is a holding company with a focus on long-term investments in public and private companies, on a global basis, through controlling or minority stakes.\n \n \n The company operates an investment advisory business through its wholly-owned subsidiary Mittleman Investment Management, LLC, and owns a diversified portfolio of investments including a 48.9% equity stake in PLM Premier, S.A.P.I. de C.V. (PLM), owner and operator of Club Premier, the coalition loyalty program in\n \n Mexico\n \n that operates the Aerom...