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Deutsche Boerse reluctant to extend CEO contract: sources

Published Wed, Apr 12, 2017 · 09:50 PM

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Frankfurt

DEUTSCHE Boerse's supervisory board is reluctant to approve quickly an extension of chief executive Carsten Kengeter's contract following the German exchange operator's failed merger with the London Stock Exchange, two people close to the matter said.

Mr Kengeter's contract as chief executive is due to expire in March 2018.

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