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Prudential Investment Management’s Business in India Expands through Acquisition of Deutsche Bank’s Asset Management Business

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NEWARK, N.J.--(BUSINESS WIRE)--Prudential Investment Management (PIM), the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU), has reached a definitive agreement to acquire Deutsche Bank’s India asset management business through its Mumbai-based affiliate, subject to customary closing conditions and regulatory approval. With $948 billion in assets under management, PIM ranks among the world’s largest investment management companies. Deutsche Asset Management (Indi

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