Aberdeen ups stake in Hungary's Richter to 10.05%
BUDAPEST, Nov 11 (Reuters) - British fund manager Aberdeen (ADN.L: Quote, Profile, Research) Asset Management Plc increased its stake in Hungarian drug producer Richter Gedeon GDRB.BU to 10.05 percent on Oct. 26, Richter said in a statement on Wednesday.
Richter did not say what stake Aberdeen held earlier but announced in February that Aberdeen's stake had reached 5.06 percent.
A 10.05 percent stake in Richter is currently worth 83.5 billion forints. ($462.4 million).
At 1323 GMT, Richter shares traded 1.7 percent higher at 42,690 forints. (Reporting by Balazs Koranyi)
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