Curaleaf Eyes Aurora Cannabis in Deal That Could Reshape the Global Cannabis Market
The cannabis industry may be on the verge of a major shake-up following today’s takeover bid announcement, which, if completed, could pave the way for the creation of a global cannabis powerhouse.This morning, Curaleaf Holdings Inc. (TSX: CURA) (OTCQX: CURLF) announced its intention to launch a takeover bid for Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), in a move aimed at creating what it believes would be a leading global cannabis platform. The proposed transaction would offer Aurora shareholders implied consideration of US$4.00 per share, consisting of 0.3463 Curaleaf shares ...