Curaleaf Holdings Announces Intent for Tender Offer for Aurora Cannabis

ACB Aurora Cannabis Inc

$4.17 -2.80%

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1. 1Curaleaf Holdings (CURA) has announced its intent to launch a tender offer for Aurora Cannabis (ACB)
2. 2The offer price is $4 per share (a 45% premium over the 30-day VWAP), with a cash-and-stock structure that could reach up to $5
3. 3After private board-level negotiations stalled, the company is taking its proposal directly to shareholders, projecting annual cost savings of at least $40 million

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