Aurora Cannabis urges shareholders to take no action on Curaleaf’s US$4 per share hostile bid
ACB•Aurora responds to Curaleaf bid
Aurora Cannabis urges shareholders to take no action on Curaleaf’s unsolicited bid, which it described as a hostile offer for Aurora shares.
- Curaleaf launched an unsolicited bid for Aurora Cannabis, offering implied consideration of US$4 per share.
- The consideration includes 0.35 Curaleaf subordinate voting shares per Aurora share, plus US$0.75 in cash.
- The offer includes a cap valuing the consideration at US$5 per Aurora share.
- Aurora’s board has formed an independent special committee to evaluate the approach.
- The bid follows Curaleaf’s Aug. 11, 2026 disclosure of its intention to pursue Aurora.
