Curaleaf Announces Hostile Takeover Bid for Aurora Cannabis to Cement Global Leadership

U.S.-based Curaleaf Holdings has announced its intention to launch a takeover bid for Canada’s Aurora Cannabis, framing the move as a way to solidify its position as the global cannabis industry leader. Aurora has effectively rejected the proposal, saying the offer’s upper limit is below its prior share price, putting a major North American M&A contest in the spotlight.

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