The Aporia
Digital, G. (2026, October 6). Curaleaf sweetens Aurora Cannabis takeover offer after past rejection. Global News. https://globalnews.ca/news/12088851/curaleaf-aurora-cannabis-takeover-offer-2nd-attempt/
Digital, Globalnews. “Curaleaf sweetens Aurora Cannabis takeover offer after past rejection.” Global News, 6 Oct. 2026, https://globalnews.ca/news/12088851/curaleaf-aurora-cannabis-takeover-offer-2nd-attempt/.
Digital, Globalnews. “Curaleaf sweetens Aurora Cannabis takeover offer after past rejection.” Global News, October 6, 2026. https://globalnews.ca/news/12088851/curaleaf-aurora-cannabis-takeover-offer-2nd-attempt/.
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Curaleaf Holdings Inc., based in Stamford, Connecticut, announced it would sweeten its takeover offer for rival cannabis company Aurora Cannabis Inc. by raising the value to US$5 per Aurora share from a previous offer of US$4 per share. The new bid includes an exchange rate of 0.4013 Curaleaf shares plus US$1 cash, based on Curaleaf’s October 2 closing price. This move comes after Aurora rejected Curaleaf's earlier hostile takeover bid over the summer that offered 0.3463 Curaleaf subordinate voting shares plus $0.75 in cash per Aurora share. Miguel Martin, CEO of Aurora, noted in a statement that his company has not yet received formal materials to conduct a proper evaluation of the new offer and urged shareholders for patience.