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IHH unit’s Tokyo damage claims dismissed over Daiichi Sankyo Fortis deal

IHH Healthcare said a Tokyo court dismissed its unit NTK’s damage claims against Daiichi Sankyo linked to IHH’s 2018 acquisition of a stake in Fortis Healthcare. NTK had filed the claims in October.

4568FORTISIHH

Malaysia's IHH Healthcare MYX:IHH said on Thursday that a Tokyo court has dismissed its unit's damage claims against Japan's Daiichi Sankyo TSE:4568 tied to its 2018 acquisition of a stake in India's Fortis Healthcare NSE:FORTIS.The subsidiary, Northern TK Venture (NTK), had filed a claim in Octobe…