Mergers & Acquisitions ·
Aurora Cannabis Inc. responded to an unsolicited takeover proposal from Curaleaf Holdings, Inc., which intends to…
ACBAurora Cannabis Inc
Aurora Cannabis Inc. responded to an unsolicited takeover proposal from Curaleaf Holdings, Inc., which intends to launch a bid for all outstanding common shares at US$4.00 per share, consisting of 0.3463 subordinate voting shares of Curaleaf plus US$0.75 in cash. The board has formed a special committee to evaluate the proposal while continuing to execute on its strategic plans, including the recently completed acquisition of Safari Flower Company and expansion of EU-GMP capacity. Aurora Cannabis Inc. operates in the global medical cannabis industry.