Curaleaf Holdings says it is sweetening its takeover offer for Aurora Cannabis. Multiple outlets report that the company is raising the price it is willing to pay for Aurora shares as it seeks to secure the deal.
The update is presented as a response to ongoing negotiations between the two Canadian cannabis companies. The Globe and Mail reports the revised offer would be valued at US$5 per Aurora share, framing the change as an increase over an earlier bid. Other coverage similarly focuses on Curaleaf’s decision to lift its offer, though details beyond the higher share price are limited in the provided excerpts.
Overall, the outlets agree on the central development: Curaleaf increases the terms of its bid to acquire Aurora Cannabis. They differ mainly in the amount of transaction detail they include, with the Globe and Mail specifying the targeted US$5-per-share valuation.
