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Update: Aurora Cannabis Acquiring UK Company For 2 Million Pounds Cash

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(Updates shares and adds detail on Aurora's UK acquisition in the first two paragraphs.)

Aurora Cannabis (ACB.TO), which is fending off a hostile takeover bid by Curaleaf (CURA.TO) Wednesday afternoon said it acquired importer and wholesaler Internode Pharma and HAP Pharma, a pharmacy, both in the UK, for 2.1 million pounds cash.

The companies operate an import and distribution facility and a virtual pharmacy in England, and provide Aurora with a supply chain from cultivation through to delivery to patients, a statement said.

Aurora earlier today urged shareholders to ignore an unsolicited offer by Curaleaf Holdings (CURA.TO) after it launched its bid for Aurora shares at $4.00 each on Tuesday, consisting of 0.3463 subordinate voting share of Curaleaf and $0.75 in cash per Aurora share.

Aurora Cannabis shares were last seen up C$0.22, or 4.3%, to C$5.32 on the Toronto Stock Exchange.

Price: $5.31, Change: $+0.21, Percent Change: +4.12%

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