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Investors revolt at Cairn, Pru
British oil explorer Cairn Energy and the country’s No 1 insurer Prudential on Thursday faced investor revolts over executive pay plans. Cairn Energy said investors holding two thirds of its stock voted against executive pay awards in one of the biggest rebellions to take place yet in the “shareholder spring” of salary disapproval. Prudential said investors holding 30.33 per cent
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