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BlackRock stake in Richter up over 5% threshold

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Image by LaMography/Móni Lázár

U.S.-based BlackRockʼs holding in Hungarian drugmaker Gedeon Richter has risen to 5.16%, Richter said yesterday. Richter was informed by BlackRock that its stake had exceeded the 5% disclosure threshold on December 14.   

Other big stakeholders in Richter are Hungarian National Asset Management Inc. (MNV), with 25.25%, Aberdeen Asset Management, with 9.79%, and Harding Loevner, with 5.03%, according to stock exchange data last updated on September 1, 2017, state news wire MTI reported.

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