Aurora Cannabis Rejects Hostile $4 Per Share Takeover Bid from Curaleaf

Key Facts

1Curaleaf presented an unsolicited offer to acquire Aurora Cannabis for $4 per share.

2Aurora Cannabis rejected the offer, stating it does not fully value the company's business.

Aurora Cannabis officially rejected an unsolicited offer from Curaleaf to acquire the company for $4 per share. Reuters reported that the board of Aurora Cannabis dismissed the bid on the grounds that it does not fully value the company's business, leading to a hostile takeover scenario that is now facing significant resistance from management.

ACB closed at $4.10 on September 25, 2026, trading slightly above the proposed offer price, while Curaleaf (CURLF) closed at $11.04 on the same date. The $4 bid price currently serves as a valuation anchor for Aurora Cannabis shares as the friction regarding the merger terms persists between the two entities.