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 ...
The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
In addition to BMW and Volkswagen AG, Northvolt’s top investors included Goldman Sachs’s asset management arm, ...
Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...
Axios World on MSN1d
EV battery maker Northvolt goes bankruptNorthvolt, a Swedish maker of lithium-ion batteries that once was valued by venture capitalists at nearly $12 billion, has ...
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 ...
COPENHAGEN (Reuters) - Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's ...
The main shareholders of Northvolt are Volkswagen (21 per cent ownership), Goldman Sachs (19 per cent), and Vargas Holding (seven per cent). The Caisse de dépôt et placement du Québec, the ...
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