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Curaleaf launches bid for Aurora Cannabis at implied price of US$4 per share

PUBT·08/18/2026 12:01:25
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Curaleaf launches bid for Aurora Cannabis at implied price of US$4 per share
  • Curaleaf launched a take-over bid for all outstanding Aurora Cannabis common shares, taking the offer directly to shareholders.
  • Consideration implies US$4 per share: 0.3463 Curaleaf subordinate voting share plus US$0.75 cash, based on Aug. 10 pricing.
  • Offer implies a 45% premium to Aurora’s 30-day VWAP of US$2.75, rising to 110% on an ex-cash basis.
  • Exchange ratio is capped at a maximum value of US$5 per Aurora share, using a 20-day VWAP-based adjustment mechanism.
  • Bid is open until 5:00 p.m. Mountain Time on Dec. 1, 2026, subject to minimum tender conditions and customary approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Curaleaf Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE28463) on August 18, 2026, and is solely responsible for the information contained therein.