TORONTO, Sept. 28, 2021 /CNW Telbec/ - Aimia Inc. (TSX:
AIM) is pleased to announce that the privatization of Clear Media
Limited has been completed following the acquisition of all the
remaining shares of Clear Media Limited on September 27, 2021 by the consortium of investors
through their special purpose vehicle ("Offeror"). As a
result, Aimia now owns a 10.85% shareholding in the Offeror which
now wholly-owns Clear Media. The listing of the shares of
Clear Media on the Hong Kong Stock Exchange has been
withdrawn.
About Aimia
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.
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
Mexico that operates the
Aeromexico Frequent Flyer program, a 48.4% equity stake in
Kognitiv, a B2B technology growth company enabling collaborative
commerce, a 12.3% equity stake in TRADE X, a global B2B
cross-border automotive trading platform, a 10.85% stake in Clear
Media Limited, one of the largest outdoor advertising firms in
China, as well as minority stakes
in various public company securities and investments in limited
partnerships.
For more information about Aimia, visit www.aimia.com.
SOURCE Aimia Inc.