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MALAYSIAN IHH HEALTHCARE
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 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...
- 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.
- Believe in Indian judicial process, hopeful of a positive outcome in SC: IHH MD&CEO Tan See LengThe SC had earlier extended status quo order on the open offer of the IHH to acquire 26 per cent stake in Fortis to the next hearing.
- SC refuses interim order on sale of Fortis shares to Malaysian firm; final hearing on Feb 26A bench comprising Chief Justice Ranjan Gogoi and Justice Sanjiv Khanna said that it would accord final hearing in the case on Feb 26.
- Deloitte Haskins resigns as Fortis Healthcare's statutory auditorPost induction of additional nominee directors of IHH on the boards of the company, IHH prefers to align its auditors on a group wide basis
- SC stalls IHH's acquisition of Fortis HealthcareDaiichi argued on Friday that the IHH-Fortis deal would impact the enforcement of its arbitration award against the Singhs, according to on...
- Fortis sale: One of India's biggest healthcare deals is on hold, here's what led to itIn July this year after a long bidding war, Fortis Healthcare was sold to IHH Health for Rs 4,000 crore.
- IHH CEO Tan See Leng to join Fortis boardIHH, which is taking charge of Fortis following a deal approved by the Competition Commission of India earlier this month, is expected to a...
- IHH Healthcare gets CCI nod to acquire Fortis HealthcareUnder the deal, the Malaysian company will pick a 31% stake at Rs 170 per share aggregating Rs 4,000 crore.
- Fortis will grow stronger under IHH ownership: Singh brothersMunjals-Burmans combine which did not participate in the fresh round of bidding, also hoped that the Malaysian chain will bring its global ...
- IHH set to win Fortis, values it at Rs 9,335 croreThe IHH offer outbids the only other competing offer on the table from Manipal Hospitals-TPG expected at Rs 160-165/share.
- Fortis tanks over 3% as Munjal-Burman backs outIHH Healthcare Bhd and Manipal Health Enterprises are left in the fray for acquisition of Fortis Healthcare, ET reported.
- The bid for Fortis may get hostileIn the ongoing tug off war between these deep-pocket bidders — IHH and TPG — the proposed valuation may shoot up well beyond Rs 185 a share.
- Fortis stock slumps 2% after IHH flags logjamIHH, one of Asia's largest healthcare operators, had bid Rs 160 per share to buy Fortis last week.
- Fortis stock slips after deal undoneShare prices of Fortis on BSE dropped 12.96 per cent to close at Rs 172.30 on Friday following the development, while market cap eroded by ...
- Khazanah unit offloads its entire stake in Apollo Hospitals for Rs 850 crIHH is likely to use the funds for buying hospital assets in India, a strategy that annoyed Prathap Reddy family, the promoters of Apollo H...
- Continental Hospitals' founders try to stall rights issue by IHHThe founders have stated in their petition that the proposed rights issue amounted to forcing the minority holders to buy shares, violating...
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