HealthPlus, Chicken Republic, others locked in ownership tussles with PE investors – Businessday NG

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…Wakanow, AIC, PathCare on similar path …Local founders allege forceful takeover by PEs, VCs

Founders of Nigerian businesses who brought in private equity (PE) investors and venture capitalists (VCs) two to 10 years ago are locked in ownership tussles with their investors, with most of the cases now at the behest of lawyers and courts. The situation portends danger for foreign direct investment into Nigeria, but also exposes the…

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