Credit Suisse Canada unit adds to Aimia stake

|About: Credit Suisse Group AG (CS)|By:, SA News Editor

Credit Suisse Securities (Canada) (CS +0.2%) acquired 266,000 common shares of Aimia (OTCPK:GAPFF -0.3%), or 0.1746% of Aimia's shares outstanding, bringing its current holding to 7.49% of the travel loyalty programs company.

CSSC acquired the shares for hedging and other investment purposes and not to influence the control or direction of Aimia.

Previously: Aimia launches stock buyback of up to C$150M (Apr. 08 2019)

Subscribe for full text news in your inbox