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BlackRock stake in Richter falls under 5%

Hungarian drug maker Gedeon Richter on Wednesday said it was informed that New York-based BlackRock's stake in the company fell from 5.04% to 4.97%.

Hungary's National Asset Management Company (MNV) owns 25.12% of Richter shares. The Bank of New York Mellon holds 6.8% as a depository. No other shareholders have stakes over the 5% threshold for disclosure. (MTI-ECONEWS)