Goldman on hook for nearly $900M loss on Northvolt stake

VW and Goldman Sachs write off Northvolt shares
Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the battery maker. What does that mean for the cash-strapped company?
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,
Goldman’s $900mn hit
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Volkswagen has taken major writedown on Northvolt stake, sources say
Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States last week, two people familiar with the matter said.
Goldman Funds Take $900 Million Hit on Northvolt Stake, 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,
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An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
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The Financial Times4d
Goldman Sachs takes $900mn hit on Northvolt investment
Funds managed by Goldman Sachs will write off almost $900mn after Swedish battery maker Northvolt filed for Chapter 11 bankruptcy this week. Goldman’s private equity funds have at least $896mn ...
Northvolt crisis may be make or break for Europe's EV battery ambitions
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Northvolt crisis marks major blow for Europe's EV battery hopes
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The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.