Goldman on hook for nearly $900M loss on Northvolt stake
Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
In addition to BMW and Volkswagen AG, Northvolt’s top investors included Goldman Sachs’s asset management arm, ...
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...
Quebec Economy Minister Christine Fréchette is reassuring the province following the announcement that Northvolt, the Swedish ...
COPENHAGEN (Reuters) - Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's ...
Ailing battery manufacturer Northvolt has appointed restructuring expert Paul O'Donnell as head of the Northvolt Ett factory.
Stockholm-based company pinning recovery hopes partly on Quebec plant as court-monitored restructuring process begins ...
It now needs to raise between $1-billion and $1.2-billion to restore its business, the outgoing CEO told reporters.
The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
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