German coalition agrees minor curbs on manager pay

Newswire

BERLIN, March 5 (Reuters) - German Chancellor Angela Merkel's coalition agreed on Thursday to impose limits on executive pay, party officials said, but failed to reach compromises on a host of other issues.

The parties agreed to bring in legislation to extend the minimum time that managers must hold on to stock options before exercising them and to boost transparency, said conservative parliamentary floor leader Volker Kauder.

The leaders of Merkel's Christian Democrats ...

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