Home › Releases › Aurora Cannabis Urges Shareholders to Wait Amid Re...
Releases

Aurora Cannabis Urges Shareholders to Wait Amid Revised Curaleaf Bid

Aurora Cannabis has formally advised its shareholders to refrain from taking action regarding the revised hostile takeover bid from Curaleaf Holdings. The company’s board and a newly formed special committee have launched an independent review to determine if the offer, valued at approximately US$5.00 per share, represents true value.

Curaleaf’s latest proposal includes a mix of 0.4013 subordinate voting shares and US$1.00 in cash for each Aurora share. While the bidder is pushing forward, Aurora leadership insists that the move is merely a procedural step rather than an immediate catalyst for investor decisions. CEO Miguel Martin emphasized that shareholders should allow the company time to evaluate the terms fully before committing to any course of action.

Investors have until at least December 4, 2026, to weigh their options. The board intends to issue a formal recommendation and a director’s circular once the internal review concludes. In the interim, Aurora has engaged Kingsdale Advisors to assist shareholders with inquiries regarding the bid, directing them to the company’s dedicated resource portal for updates.

Share:TelegramXFacebook

Read Also

Comments (0)

Leave a comment

No comments yet. Be the first!