Cue Energy Resources Appoints Legal, Financial Advisers to Consider Horizon Oil's Off-Market Takeover Offer

MT Newswires Live

Mar 12

Cue Energy Resources' (ASX:CUE) independent board committee appointed Gilbert + Tobin as legal advisers and Azure Capital as financial advisers to help in its consideration of Horizon Oil's (ASX:HZN) off-market takeover offer to acquire all of the ordinary shares in Cue that it does not already own, according to a Thursday Australian bourse filing.

The offer is not yet open, per the filing.

The members of the independent board committee will each make a formal recommendation to Cue shareholders regarding the offer in a target's statement, the filing said. The committee reiterated its advice that Cue shareholders did not need to take any action in relation to the takeover offer at this stage.

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The committee reiterated its advice that Cue shareholders did not need to take any action in relation to the takeover offer at this stage.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CUE.AU","symbol_name":"CUE ENERGY RESOURCES LIMITED","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2618067079","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618067079","pubTimestamp":1773284431,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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