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Curaleaf to make take-over bid for Aurora Cannabis

PRIVATEAug 11, 2026about 4 hours ago

Acquiring Company

Curaleaf Holdings

Acquired Company

Aurora Cannabis

EdmontonMedia And EntertainmentCommunity And LifestyleHealth CareManufacturingAgriculture and Farming

Description

Curaleaf Holdings, Inc. has announced its intention to make a take-over bid for Aurora Cannabis Inc., offering shareholders total implied consideration of USD 4.00 per share. The proposal reflects a 45% premium over Aurora's 30-day VWAP. Curaleaf aims to combine its global distribution platform with Aurora's cultivation and manufacturing capacity to create a more diversified cannabis platform.

Company Information

Company

Curaleaf Holdings

About

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to improve lives by providing clarity around cannabis and confidence around consumption. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf and Select, provide industry-leading service, product selection and accessibility across the medical and adult-use markets. In the United States, Curaleaf currently operates in 23 states with 109 dispensaries, 22 cultivation sites and over 30 processing sites, and employs over 5,000 team members. Curaleaf International is the largest vertically integrated cannabis company in Europe with a unique supply and distribution network throughout the European market, bringing together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Canadian Securities Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Aurora Cannabis?

Aurora Cannabis was acquired by Curaleaf Holdings. The deal was reported on August 11, 2026. Curaleaf Holdings, Inc. Curaleaf Holdings is privately held and operates in Media And Entertainment.

When did Curaleaf Holdings acquire Aurora Cannabis?

Curaleaf Holdings's acquisition of Aurora Cannabis was reported on August 11, 2026. Curaleaf Holdings, Inc. has announced its intention to make a take-over bid for Aurora Cannabis Inc., offering shareholders total implied consideration of USD 4.00 per share. The proposal reflects a 45% premium over Aurora's 30-day VWAP. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Aurora Cannabis do?

The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. It is publicly traded (ACB), operating in Manufacturing, and is based in Edmonton.

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