Pearl overhaul to get green light
Pearl Group is expected to get the go-ahead for its capital restructuring from investors in Liberty Acquisition, the vehicle which is putting around ¤600m (£519m) into the company. Liberty, a special purpose acquisition firm in Amsterdam, will count votes on the deal at an extraordinary meeting today. Liberty fell into difficulty after overstretching itself by buying Clive Cowdery’s first resolution for £5bn in 2008.