Curaleaf Targets Aurora with Takeover Bid | Calgary News

Curaleaf is launching a bold takeover bid for Aurora Cannabis, bypassing stalled talks with Aurora’s leadership to directly target shareholders with a $4.75-per-share offer, aiming to merge into the world’s largest cannabis player across 17 countries. While Curaleaf claims Aurora refused serious negotiations, Aurora says it engaged in dialogue and will form a special committee to review the proposal. Analysts question if the offer undervalues Aurora’s medical cannabis dominance, while Aurora urges shareholders to hold off — all as the combined companies could unlock billions in revenue and massive cost synergies. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/696d6261c0a440d1