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Cue Energy Board Maintains Firm Rejection of Horizon Takeover Bid

4:52pm on Thursday 11th of June, 2026 AEST Energy
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Cue Energy Board Maintains Firm Rejection of Horizon Takeover Bid

4:52pm on Thursday 11th of June, 2026 AEST
Key Points
  • Horizon’s offer declared 'best and final' with no increase
  • Only 2.4% of Cue shares accepted excluding Echelon holdings
  • Cue holds A$16 million cash and no debt, supporting standalone viability
  • Offer conditions mostly met but not yet unconditional
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