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Fortis deal: IHH seeks ₹10,930 cr from Daiichi
The New Indian Express Tirupati
|February 07, 2025
MALAYSIA'S IHH Healthcare is seeking up to ₹10,930 crore ($1.25 billion) in damages from Japan's Daiichi Sankyo for its involvement in Fortis Healthcare deal, the company said on Thursday.
Northern TK Venture (NTK), a subsidiary of IHH Healthcare, in October 2023 had filed a claim against Daiichi saying it caused losses to the company by preventing it from proceeding with open offers to buy a stake in Fortis Healthcare in 2018.
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