Rival Blue Oar Bids May Clear Muddy Waters ; Taking Stock

Mail on Sunday › December 21, 2008

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Summary

THE great consolidation of the stockbroking industry continues and for those who like a bit of a City spat the sector is providing a bit of entertainment, too.

In the past two weeks, Evolve, a shell company, has made an unsolicited bid for Blue Oar Securities. That situation was confused by the announcement on Friday that rival broker WH Ireland might also make an offer.

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Extract

Rival Blue Oar Bids May Clear Muddy Waters ; Taking Stock

This intervention is entirely welcome since the appearance of a rival to Evolve may help to bring some clarity to th...

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