BUSINESS

Ex-Ranbaxy Shareholders Ordered to Pay 56 Billion Yen to Daiichi Sankyo

May 9, 2016
The International Court of Arbitration has ordered former shareholders of Ranbaxy Laboratories to pay some 56.2 billion yen to Daiichi Sankyo over the Japanese company’s claim that they hid material information prior to its purchase of Ranbaxy in 2008. Daiichi…

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