The Hungarian State Has Once Again Become an Owner of Richter
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.5 Articles
5 Articles
The Hungarian state has acquired a 10 percent stake in Richter after taking over the entire share package of the Mathias Corvinus Collegium (MCC) Foundation. The transaction is a consequence of the termination of public interest asset management foundations (KEKVAs) at the end of August, which will return significant assets, including a dividend due of approximately 12 billion forints, to the budget, Portfolio reported.
The Hungarian state again has a 10 percent vote in the pharmaceutical manufacturer. The amount of the company's dividend for this year on MCC's (former) shares will also land in the Treasury.
The Hungarian state acquired the entire Richter share package of the Mathias Corvinus Collegium Foundation, thus becoming a 10 percent owner of the pharmaceutical manufacturer.
Following the end of the Kekva, the state returned its 10 percent stake in MCC Richter.
The Hungarian State has acquired all of the Richter shares of the Mathias Corvinus Collegium Foundation, thus becoming a 10 percent owner of Richter, the pharmaceutical manufacturer's announcement this morning reveals.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
