31 December 2008
Fairfax advises Evolve Capital plc on hostile takeover of Blue Oar plc.
Fairfax acted as Financial Adviser, AIM Nominated Adviser and Broker to Evolve Capital plc on its successful hostile all share offer for Blue Oar plc. The Offer, which was announced on 8th December 2008, was declared wholly unconditional on 29th December 2008 and Evolve Capital plc was re-admitted to trading on the AIM market on 31 December 2008. Blue Oar is a specialist investment banking business quoted on the AIM market. Evolve Capital was established as an investment company and listed on the AIM market in December 2007 following a £4 million fundraising.