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Fortis Healthcare Secures ‘Fortis’ Trademarks in Legal Resolution

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Fortis Healthcare Secures ‘Fortis’ Trademarks in Legal Resolution

Fortis Healthcare Ltd. ( (IN:FORTIS) ) has provided an update.

Fortis Healthcare Limited has successfully acquired the ‘Fortis’ trademarks through a public auction, following a legal dispute involving Daiichi Sankyo Company Limited. The Delhi High Court confirmed the sale of the trademarks to Fortis Healthcare for INR 200 crores, which marks a significant step in resolving the litigation and securing the company’s brand assets.

More about Fortis Healthcare Ltd.

Fortis Healthcare Limited operates in the healthcare industry, providing a range of medical services through its network of hospitals. The company focuses on delivering high-quality healthcare services across India.

YTD Price Performance: -2.80%

Average Trading Volume: 42,932

Current Market Cap: 527.3B INR

Learn more about FORTIS stock on TipRanks’ Stock Analysis page.

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