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Goldman on hook for nearly $900M loss on Northvolt stake
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
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.
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,
16h
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
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, ...
1d
on MSN
Northvolt chief resigns a day after battery maker collapses into bankruptcy
Northvolt’s chief executive has resigned a day after Europe’s big battery hope filed for bankruptcy in the US. Peter Carlsson ...
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.
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 ...
1d
on MSN
Northvolt CEO steps down, saying group needs up to $1.2bn
Northvolt’s CEO and co-founder Peter Carlsson stepped down yesterday, a day after Europe’s biggest hope for an electric ...
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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