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HealthPlus: Has mPharma bought  lemon?

By Modebayo Adesanmi Last week, mPharma, Africa’s leading health technology company, issued a statement in which it claimed it has acquired a majority stake in...

Alta Semper disrespects Nigerian judicial process

On 4 November 2020, Justice Oguntoyinbo of the Federal High Court, Lagos Division made an order that all parties in the action between Mrs Olubukunola George v....

Judge warns parties aganist contempt in HealthPlus case

Justice Oluremi Oguntoyinbo of the Federal High Court in Lagos on Wednesday warned parties against contempt of court in a suit filed by the embattled Managing Director...

Ernest Eguasa: Story of the insider leading Alta Semper’s HealthPlus take over bid

Aside Mrs. Olubukunola George, Founder and Chief Executive Officer of HealthPlus, the pharmaceutical retail chain; three names have rung more loudly in the attempted...

HealthPlus: How equity firm’s inability to raise funds led to the crisis

  The blazing feud between top pharmaceutical retail company, HealthPlus, and Alta Semper Capital, a United Kingdom private equity firm, has its roots in a sudden...

Police step into HealthPlus, Alta Semper crisis

  The Federal Criminal Investigation Department (FCID) of the Nigeria Police has invited Mrs. Olubukunola George, founder of pharmaceutical retail firm, HealthPlus, the...

Ex-U.S. ambassador behind attempted hijack of HealthPlus equity by foreign firm

Ronald Lauder, a former US Ambassador to Austria, investigations have shown, is a major figure in Alta Semper Capital, the United Kingdom private equity management firm...

Foreign equity firms, threat to Nigerian entrepreneurs – Business Group

Foreign equity firms have been identified as representing a major threat to the well-being of Nigerian entrepreneurs and their businesses. The perceived threat was the...

Attempted take over of Health plus immoral – Lawyer

Lagos-based lawyer, Mr Femi Ojumu, has branded the attempted takeover of pharmaceutical retail outfit,  HealthPlus,  by a United Kingdom private equity firm,  Alta...

HealthPlus saga: Equity firm lacks power to remove CEO – Company lawyers

  Lawyers to HealthPlus, the pharmaceutical retail firm at the centre of a running hostile takeover drama, have stated that Alta Semper Capital, a British foreign...