Mergers & AcquisitionsMedium•5 October 2026•
1 min read
Curaleaf Sweetens Aurora Cannabis Bid by 25% to $5.00 Per Share
Key Facts
1Curaleaf increased its offer to acquire Aurora Cannabis to $5.00 per share, a 25% increase over the previous proposal.
2The enhanced offer includes a 33% increase in the cash component to $1.00 per Aurora share.
Curaleaf Holdings increased its offer to acquire Aurora Cannabis to $5.00 per share, marking a 25% increase over its previous proposal. According to a company statement via PR Newswire, the enhanced offer includes a 33% boost to the cash component, now reaching $1.00 per Aurora share, as the company seeks to pressure Aurora's board into formal due diligence and negotiations.
Aurora Cannabis, trading under the ticker ACB, closed at $3.92 on October 2, 2026, while Curaleaf (CURLF) closed at $9.95 on the same date. The revised bid represents an 86% premium over the unaffected share price, with Curaleaf aiming to establish a global leadership position in the cannabis sector and achieve significant annual cost synergies through the combination.