Supreme Court orders status quo on Fortis Healthcare sale to Malaysia’s IHH Healthcare

Aditi Singh December 15 2018
Fortis

In a big win for the Japanese Drugmaker Daiichi Sankyo, the Supreme Court has today stayed the sale of Fortis Healthcare to Malaysia’s IHH Healthcare. The Court has directed the parent company of Fortis Healthcare, Malvinder-Shivinder Singh owned RHC Holding and Oscar Investment to maintain status quo with respect to the deal.

The order comes at a time when Daiichi Sankyo's plea seeking to prevent the Rs. 4,000 . . .

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