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Cue Energy Faces Horizon Oil Takeover Bid: What’s Next for Shareholders?
9:46am on Wednesday 4th of March, 2026 AEDT
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Energy
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Cue Energy Faces Horizon Oil Takeover Bid: What’s Next for Shareholders?
9:46am on Wednesday 4th of March, 2026 AEDT
Key Points
Horizon Oil offers A$0.008 cash plus 0.5625 Horizon shares per Cue share
Cue forms Independent Board Committee to assess the takeover offer
Shareholders advised to hold off on any action until further guidance
Target’s statement to be issued outlining the committee’s recommendation
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