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Cue Energy Urges Caution as Horizon Oil Advances Takeover Bid

11:02am on Friday 20th of March, 2026 AEDT Energy
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Cue Energy Urges Caution as Horizon Oil Advances Takeover Bid

11:02am on Friday 20th of March, 2026 AEDT
Key Points
  • Horizon Oil dispatches Replacement Bidder’s Statement for takeover offer
  • Cue’s Independent Board Committee advises shareholders to take no action yet
  • Formal Target’s Statement and recommendation due by 7 April 2026
  • Offer remains conditional and open until 5 June 2026 unless extended
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