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Aurora Cannabis urges shareholders to wait as Curaleaf revises hostile takeover bid with improved terms.

Market News
05 Oct 2026
PRNewsWire
View Source
Neutral
Aurora Cannabis urges shareholders to wait as Curaleaf revises hostile takeover bid with improved terms.

Aurora Cannabis responded to Curaleaf's announcement of a revised hostile takeover bid offering $5.00 per share, including cash and Curaleaf shares. Aurora's Special Committee will thoroughly review the formal revised offer before recommending action to shareholders. Curaleaf agreed to provide pro forma financials and extend the bid deadline to December 4, 2026, following Aurora's regulatory application that highlighted deficiencies in the original bid. Shareholders are advised to take no action until the Board issues a formal recommendation.

As of Oct 06, 2026 05:21 WIB, Aurora Cannabis (ACB) shares are trading at USD 4.59 on Pluang, showing a strong 1-day gain of 17.09%. The stock has a market cap of $248.02 million and a typical hold time of 25 days among Pluang investors. Despite the ongoing takeover bid developments, Pluang order activity favors buying at 73%.

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