Nuvo Intl Group Ltd. Selected as Winning Bidder in CourtSupervised Sale Process, Subject to Court Approval
Nuvo Group Ltd. (Nuvo), a company known for its pregnancy monitoring device called Invu, has entered into a binding agreement with Nuvo Intl Group Ltd. (Nuvo Intl) amidst a financial restructuring process under Section 363 of the U.S. Bankruptcy Code. Nuvo Intl, funded by Kips Bay Select LP., will acquire substantially all of Nuvos assets,…