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Northvolt, Goldman Sachs
Goldman Funds Take $900 Million Hit on Northvolt, FT Says
Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery maker Northvolt AB, which filed for bankruptcy protection this week, the Financial Times reported,
Goldman Funds to Take $900 Million Hit on Northvolt, FT Reports
(Reuters) - Funds managed by
Goldman
Sachs
will write off nearly $900 million after Swedish lithium-ion battery producer
Northvolt
filed for Chapter 11 bankruptcy earlier this week, Britain's Financial Times reported on Saturday. The
Goldman
private equity ...
Goldman Sachs takes $900mn hit on Northvolt investment
US bank is second-largest shareholder in Swedish battery maker which filed for Chapter 11 bankruptcy this week
Goldman on the hook for nearly $900M loss on Northvolt stake: report
Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy protection in the US earlier this week, the Financial Times reported Saturday,
14h
on MSN
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
1d
on MSN
Swedish Battery Maker Northvolt Files for Chapter 11 Protection
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...
1d
Northvolt crisis may be make or break for Europe's EV battery ambitions
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
electrive
2d
Northvolt appoints restructuring manager for its battery factory
Ailing battery manufacturer Northvolt has appointed restructuring expert Paul O'Donnell as head of the Northvolt Ett factory.
2d
on MSN
Northvolt's bankruptcy filing won't affect Quebec battery plant, says economy minister
Quebec Economy Minister Christine Fréchette is reassuring the province following the announcement that Northvolt, the Swedish ...
1d
Northvolt CEO steps down, saying group needs up to $1.2 billion
Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...
1d
Northvolt CEO resigns as battery maker starts multibillion-dollar restructuring
Stockholm-based company pinning recovery hopes partly on Quebec plant as court-monitored restructuring process begins ...
11h
Europe’s electric car revolt claims its biggest scalp yet
Analysts at Rho Motion pared back their predictions for EV sales by a quarter, to 8.3m by 2030. In Europe, home to ...
3d
Northvolt Appoints Restructuring Expert to Oversee Main Battery Plant
COPENHAGEN (Reuters) - Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's ...
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