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IHH's move to seek increased damages may not affect Fortis expansion plans

Analysts say IHH's reputational harm claim in Japan won't impact Fortis's Indian operations; litigation continues over stalled open offer and regulatory hurdles

IHH's move to seek increased damages may not affect Fortis expansion plans
Updated On : 21 May 2025 | 10:15 PM IST

IHH unit seeks $1.3 bn in damages from Daiichi Sankyo over Fortis deal

The latest petition filed by NTK seeks another 2.7 million rupees for losses arising from the unit's defamation claim against Daiichi Sankyo and accrued interest on the damages claimed

IHH unit seeks $1.3 bn in damages from Daiichi Sankyo over Fortis deal
Updated On : 20 May 2025 | 5:28 PM IST

IHH, Sunway among bidders for Affinity's Malaysian hospital: Report

Private equity firms CVC Capital Partners and TPG Capital also submitted initial bids, one of the sources said

IHH, Sunway among bidders for Affinity's Malaysian hospital: Report
Updated On : 20 Jun 2024 | 4:03 PM IST

Sebi asks IHH Healthcare to get Delhi HC nod for Fortis open offer

IHH indicated last week that it was ready to go ahead with the stalled open offer if the capital markets regulator allowed it

Sebi asks IHH Healthcare to get Delhi HC nod for Fortis open offer
Updated On : 17 Nov 2022 | 10:39 PM IST

Stay committed to patients in India and Fortis Healthcare, says IHH

Taking legal advice on next steps to pursue open offer for 26% stake in Fortis

Stay committed to patients in India and Fortis Healthcare, says IHH
Updated On : 27 Sep 2022 | 9:21 PM IST

Expansion remains priority, await direction from SC on Fortis plea: IHH

The group had acquired a 31 per cent controlling stake in Fortis in 2018, which triggered a mandatory open offer to acquire another 26 per cent of Fortis shares from the market

Expansion remains priority, await direction from SC on Fortis plea: IHH
Updated On : 08 Feb 2021 | 10:53 PM IST

Sebi to tighten open offer norms, proposes 10% interest in case of delay

The market regulator said for share acquisition, bulk deals more transparent than off-market route

Sebi to tighten open offer norms, proposes 10% interest in case of delay
Updated On : 04 Feb 2020 | 12:42 AM IST

IHH in the driver's seat, analysts expect Fortis to recover in 3 quarters

IHH is planning to use the funds infused in Fortis to finance the Religare Health Trust acquisition

IHH in the driver's seat, analysts expect Fortis to recover in 3 quarters
Updated On : 16 Nov 2018 | 5:30 AM IST