Brief: Aimia To Acquire Tufropes For $249.6 Million

AIMIA ( Canada )

31/01/2023 13:28

Jan 31 (Reuters) - Aimia Inc  AIM.TO :
    * AIMIA TO ACQUIRE TUFROPES FOR $249.6 MILLION
    * AIMIA INC - ANTICIPATED THAT ACQUISITION WILL BE INITIALLY
FINANCED WITH AIMIA'S CASH ON HAND
    * AIMIA INC - CURRENTLY EVALUATING FINANCING OPTIONS WITH AN
EXPECTATION TO RAISE A MODEST LEVEL OF DEBT AT TUFROPES WITHIN
ONE YEAR OF CLOSING
    * AIMIA INC- ALL FIGURES ARE IN CANADIAN DOLLARS

Source text for Eikon:  ID:nCNW97dbta 
Further company coverage:  AIM.TO 
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