Deutsche Bank AG notified Prudential PLC on Friday that it holds 77.7 million shares of the London-based insurer, or 3.26% of the company's common shares.
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The Frankfurt-based banking company did not give details of the transaction that brought its stake to a size that required notification and did not specify the dates on which shares had been bought.
Prudential PLC is not affiliated in any way with the big U.S. insurance company Prudential Financial Inc., whose headquarters are in Newark, N.J.
