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IHH Healthcare unit appeals court on Fortis acquisition

PRIVATESep 24, 2026

Acquiring Company

IHH Healthcare

Acquired Company

Fortis Healthcare

Kuala LumpurNew DelhiHealth CareMedicalHealth Care

Description

IHH Healthcare's subsidiary has appealed a Tokyo court's dismissal of its damages claim against Daiichi Sankyo related to the acquisition of a stake in Fortis Healthcare. The court ruling dismissed claims made by Northern TK Venture and ruled that IHH's unit would bear litigation costs. IHH plans to increase its stake in Fortis from 31% to 51% over the next few years. The company aims to integrate its Fortis and Gleneagles platforms.

Company Information

Company

IHH Healthcare

Location

Kuala Lumpur, Malaysia

About

IHH Healthcare Berhad is one of the largest healthcare operators in the world, with a diverse range of healthcare services across multiple countries. It specializes in providing high-quality medical care, operating hospitals, and clinics, and has a strong presence in the Asian market. The company is committed to delivering excellent patient care and advancing the field of medicine through innovation. IHH is publicly traded and has numerous partnerships with local and international healthcare providers.

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Frequently asked

Who acquired Fortis Healthcare?

Fortis Healthcare was acquired by IHH Healthcare, based in Kuala Lumpur. The deal was reported on September 24, 2026. IHH Healthcare Berhad is one of the largest healthcare operators in the world, with a diverse range of healthcare services across multiple countries. IHH Healthcare is privately held and operates in Health Care.

When did IHH Healthcare acquire Fortis Healthcare?

IHH Healthcare's acquisition of Fortis Healthcare was reported on September 24, 2026. IHH Healthcare's subsidiary has appealed a Tokyo court's dismissal of its damages claim against Daiichi Sankyo related to the acquisition of a stake in Fortis Healthcare. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Fortis Healthcare do?

Fortis Healthcare is a leading integrated healthcare delivery service provider in India. It operates a network of healthcare facilities across the country, including hospitals, diagnostics, and day care specialty facilities. It is privately held, operating in Health Care, and is based in New Delhi.

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