Mergers & Acquisitions ·
Aurora Cannabis confirmed that Curaleaf Holdings has launched an unsolicited takeover bid for all outstanding common…
ACBAurora Cannabis Inc
Aurora Cannabis confirmed that Curaleaf Holdings has launched an unsolicited takeover bid for all outstanding common shares at US$4.00 per share, comprising 0.3463 subordinate voting shares of Curaleaf and US$0.75 in cash. The offer includes a value cap of US$5.00 per share and remains open until at least December 1, 2026. Aurora's Board formed a Special Committee to evaluate the proposal and advised shareholders to take no action pending a formal recommendation. This follows prior discussions between the companies starting in June 2026. Aurora Cannabis operates in the global medical cannabis industry.