Aug 2 (Reuters) - Aimia Inc AIM.TO :
* UPDATE ON DISCUSSIONS WITH CURRENT PARTNERS REGARDING CONDITIONAL ACQUISITION OF AEROPLAN BUSINESS
* ORIGINAL CURRENT PARTNER CONSORTIUM CASH CONSIDERATION WAS $250 MILLION, UPDATED TO $325 MILLION
* AIMIA-ENGAGED IN CONSTRUCTIVE DISCUSSIONS WITH CURRENT PARTNERS, AIR CANADA, TORONTO-DOMINION BANK, CANADIAN IMPERIAL BANK OF COMMERCE, VISA CANADA CORP
* AIMIA - AIMIA'S CURRENT PROPOSAL IS $450 MILLION, INCLUDING REVISED TERMS THAT REMOVE ALL UNCERTAINTY FROM DISCUSSIONS WITH CURRENT PARTNERS CONSORTIUM
* HAS ENGAGED IN DISCUSSIONS WITH CURRENT PARTNERS REGARDING THEIR MOST RECENT UNSOLICITED OFFER TO ACQUIRE AEROPLAN LOYALTY PROGRAM BUSINESS