Aimia has completed a valuation

Aimia has completed a valuation in connection with a substantial issuer bid, purchasing for cancellation CAD$150 million of shares.

Listed on the TSX, Aimia offers loyalty solutions for many of the world’s leading brands in the retail, consumer packaged goods, travel and hospitality, and financial services verticals.

Oaklins’ team in Canada was retained as a valuation expert by Aimia’s Audit Committee of the Board of Directors to provide an independent valuation in accordance with MI 61–101, and valued the common shares in the range of CAD$541–CAD$686 million.