BlackRock stake in Hungary's Richter below 5%

Portfolio
Gedeon Richter, Hungary’s leading pharmaceutical producer, has announced that BlackRock’s holding in the company decreased below the 5% threshold.
Richter announced on Wednesday that according to the information received on 19 August 2019 from BlackRock, Inc., the U.S. company’s total holding in Gedeon Richter Plc. decreased below the 5% threshold.

Richter dropped 0.3% yesterday and it was 10.4% lower than at the end of 2018.

' title='

More in Equity

lanchid_budapest_getty

Hungarian fund managers break profit record in 2018

Impact of MÁP+ will not be felt until next year.

parlament_budapest_getty

'Superbond' also changes the way Hungarians buy government securities

Hungarians stockpile HUF 362 bn of gov't securities in July

traktor john deere

Scope Ratings assigns BB- rating to three more Hungarian companies

Ratings pave the way for multibillion-forint bond issuance.

Wood retains lead in ranking of Hungarian brokerages

Wood retains lead in ranking of Hungarian brokerages

Turnover up, BUX index down in August

Hungary Mol plans squeeze-out at Slovakian subsidiary
Free

Hungary Mol plans squeeze-out at Slovakian subsidiary

Small shareholders of Slovnaft to be bought out.

Hungary's Opus assigned great rating by Scope Ratings

Hungary's Opus assigned great rating by Scope Ratings

HUF 29 billion corporate bond issuance may be near.