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Why Is Echelon Selling Its Cue Stake to Horizon Now?

9:28am on Monday 2nd of March, 2026 AEDT Energy
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Why Is Echelon Selling Its Cue Stake to Horizon Now?

9:28am on Monday 2nd of March, 2026 AEDT
Key Points
  • Echelon to sell 19.99% Cue shares to Horizon at A$0.115 per share
  • Horizon announces off-market takeover bid for remaining Cue shares
  • Echelon intends to accept takeover offer for all other Cue shares it controls
  • Sale and takeover subject to Northern Territory and other regulatory approvals
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