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CanniMed Therapeutics: Acquiror or Target
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Reference: IVEY-9B20N008-E
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Year: 2017
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Number of pages: 20
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Geographic Setting: Canada
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Publication Date: May 15, 2020
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Fecha de edición: May 15, 2020
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Source: Ivey Business School (Canada)
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Type of Document: Case
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Industry Setting: Arts, Entertainment, Sports and Recreation;
Description
On November 14, 2017, Aurora Cannabis Inc. (Aurora) made a proposal to CanniMed Therapeutics Inc. (CanniMed) to acquire all of CanniMed’s issued and outstanding common shares in a share exchange that valued CanniMed’s common shares at a premium of almost
Learning Objective
This case can be used in undergraduate- and graduate-level courses on investment banking, valuation, emerging industries, or advanced corporate finance.The case addresses many of the challenges faced by firms in rapidly growing industries. Although a prim