- Indivior (OTCPK:INVVY -8.4%) says that a claim was submitted to the Commercial Court in London by Reckitt Benckiser Group (OTCPK:RBGLY +0.4%) against the company on November 13, pursuant to an indemnity contained in the demerger agreement entered into between Reckitt and Indivior on November 17, 2014.
- The amount claimed under the submission is GBP1.07B.
- The Company is assessing with its advisors the background and merits to the case and will provide an update in due course.
- "The claim has not been served on the Company and the Company does not have any further details at this time," Indivior said in a statement.
- https://seekingalpha.com/news/3639731-indivior-trades-in-red-after-reckitt-files-gbp1_07b-suit-over-demerger
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