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Pension companies reproach massive bonus program

Danish company Nets’ new incentive program is reported to assign a bonus of nearly EUR 940m to executives. Several pension funds are prepared to increase demands for firms’ bonus programs.

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Several pension funds from Denmark are ready to increase their bonus program demands when investing in private equity firms, writes Danish daily Børsen.

Announcements follow disclosure of the bonus program recently introduced by Nets, a private equity-owned company. According to Børsen, the bonus program entitles a number of Nets executives to a total bonus of nearly EUR 940m .

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