Mergers & Acquisitions ·
Curaleaf offers $4.00 per Aurora share in cash and stock for cannabis merger generating over $1.5B revenue
CURLDCuraleaf Holdings, Inc.
Curaleaf Holdings, Inc. filed a current report to publish a brochure encouraging Aurora shareholders to tender their shares in Curaleaf's ongoing acquisition offer. The offer provides a 45% premium over the 30-day volume-weighted average price, valuing each Aurora share at US$4.00 through a combination of 0.3463 Curaleaf shares and US$0.75 cash per share. The combined entity would generate over US$1.5 billion in trailing twelve-month revenue and nearly US$350 million in adjusted EBITDA, with expected annual cost synergies of at least US$40 million. The tender offer deadline is December 1, 2026. Curaleaf Holdings operates in the cannabis industry.