Aurora Cannabis hostile bid for CanniMed Therapeutics

23/2/2018
Public acquisition

Announced

23/2/2018


Overview:

  • Aurora Cannabis has made a hostile bid for CanniMed Therapeutics.
  • The bid was made as CanniMed was bidding for Newstrike Resources.
  • The deal value will aggregate to C$1.2 billion.
  • Canaccord Genuity has acted as financial advisor to Aurora, while AltaCorp Capital has provided financial advice to CanniMed.
  • Kingsdale Advisors was a strategic shareholder and communications advisor to CanniMed.
  • Cormark Securities provided financial advice to the special committee of CanniMed.

Katrin Kostadinova - Data analyst 

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