Mergers & Acquisitions ·
On August 18, 2026, Curaleaf Holdings, Inc. launched a formal take-over bid to acquire all outstanding common shares…
CURLDCuraleaf Holdings, Inc.
On August 18, 2026, Curaleaf Holdings, Inc. launched a formal take-over bid to acquire all outstanding common shares of Aurora Cannabis Inc. The offer provides consideration of US$4.00 per share, comprised of 0.3463 Curaleaf subordinate voting shares and US$0.75 in cash, representing a 45% premium to Aurora’s unaffected share price and an 110% premium on an ex-cash basis. The bid is subject to customary regulatory approvals and conditions, including the deposit of more than 50% of outstanding shares excluding non-independent holders, with an expiry time of December 1, 2026. Curaleaf aims to create a global cannabis leader with over US$3.0 billion in pro forma market capitalization and identified annual cost synergies of at least US$40 million. This company operates in the cannabis industry, providing consumer and medical cannabis products globally.