CRM exits Nupcial Novissima through bankruptcy

The company, which was confirmed to be struggling last June by Chief Executive Moisés Anselem, has filed for insolvency at a local court in Madrid.

Nupcial Novissima's assets were found to be lower than its liabilities and insufficient in value to repay the business' debts.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com

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