Curaleaf Holdings has gone public with a takeover proposal for Aurora Cannabis after private approaches failed to produce a deal, in a move that would combine two North American powerhouses with operations across 17 countries.
Curaleaf, headquartered in the US, is offering US$4 (A$6) a share for Canadian rival Aurora, saying it represents a premium of 45% to its 30-day volume-weighted average share price.
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