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IHH OPEN OFFER
Tokyo Court to rule on Fortis arm IHH and Daiichi Sankyo disputeA significant legal battle between IHH Healthcare and Daiichi Sankyo is reaching its climax. The Tokyo District Court will announce its jud...- IHH-Daiichi legal battle nears verdict on September 10A major legal battle between IHH Healthcare and Daiichi Sankyo is reaching its climax. IHH's subsidiary, NTK, is seeking JPY 200 billion in...
- IHH Healthcare aims to hike its stake in Fortis to 50%: CEO Prem Kumar NairIHH Healthcare sees India as a major growth market. The company plans to increase its stake in Fortis Healthcare. IHH aims to expand its ho...
- IHH Healthcare to expand India capacity to 7,000 beds by 2028IHH Healthcare is set to significantly boost its Indian capacity to approximately 7,000 beds by 2028, following a stake increase in Fortis ...
- Fortis Open Offer: Daiichi Sankyo's 'misleading' statements continue to damage interests, says NTKIHH Healthcare's subsidiary, NTK, accuses Daiichi Sankyo of damaging its interests through misleading statements regarding the Fortis Healt...
- IHH Healthcare seeks damages of upto Rs 10,930 cr from Daiichi Sankyo for obstructing open offer for FortisIHH Healthcare is seeking up to Rs 10,930 crore in damages from Daiichi Sankyo for allegedly obstructing NTK's acquisition of Fortis Health...
- Fortis Healthcare on new acquisition, expansion and IHH open offerFortis Healthcare plans to add 1,400 more Brownfield beds in the next three years. Despite the increased number of Covid cases, the hospita...
- Sebi spanner: If I were advising, I would have told IHH to go ahead with the open offer: Sanjay Asher“Once somebody has made an open offer, it has to get allowed to be completed. There is no stay order from Delhi High Court, there is nothin...
- IHH says Sebi has advised it to go ahead with Fortis open offer after getting High Court orderIt however reaffirmed its commitment towards its investors and the India healthcare sector, and said that it will make appropriate announce...
- Sebi advices IHH Healthcare to proceed with open offer to acquire stake in Fortis after Delhi HC's orderSebi on Thursday advised Malaysia's IHH Healthcare to go ahead with its open offer to acquire 26.1 per cent market share in Fortis Healthca...
- Sebi asks IHH Healthcare to proceed with open offer for Fortis after HC permissionIHH Healthcare Managing Director and CEO Kelvin Loh had stated: "With the recent Supreme Court judgement ruling making clear that we have c...
- IHH Healthcare says Fortis remains its main platform for growth in IndiaThe company, which acquired a 31.17 per cent stake in Fortis by infusing fresh capital of Rs 4,000 crore in November 2018, is currently wai...
- IHH Healthcare ready to make open offer for FortisIt said that following the recent judgment of the Supreme Court, the special leave petition, the original contempt petition and the suo-mot...
- Fortis row: IHH Healthcare says it's seeking legal advice after SC orders continuation of stay orderThe Group acquired a 31% controlling stake in Fortis in 2018, which triggered a mandatory open offer to acquire another 26% of Fortis share...
- IHH Healthcare reiterates its Fortis open offer commitmentThe statement comes ahead of a hearing in the Supreme Court of India on whether IHH, the largest shareholder in Fortis Healthcare, will be ...
- Sebi urges SC to allow IHH open offer for FortisSebi has urged SC to allow IHH Healthcare to proceed with an open offer for Fortis Healthcare.
- Delay in open offer: IHH says it 'understands concerns' of Fortis' minority shareholdersThe case and the resultant delay in the open offer are taking up Fortis' management bandwidth.
- IHH infused Rs 4,000 crore into Fortis in November: Tan See LengIHH is the single largest shareholder in the Indian hospital chain with 31% it acquired through a preferential allotment.
- Supreme Court’s status quo order puts open offer on hold, IHH says in internal noteThe open offer was scheduled to start on December 18 and conclude on January 1. Fortis shares fell 6.8% to Rs 141.65 at the close on the BS...
- Pending approvals delay IHH’s open offer for Fortis HealthcareIHH is yet to get approvals from the Delhi High Court, Sebi, and the Competition Commission of India, among others, for its acquisition of ...
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