goldman sachs northvolt news

Northvolt, Goldman Sachs

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?

Reuters · 4d

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.

The Financial Times · 5d

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 in exposure to Northvolt, making the US bank its second ...

Yahoo Finance · 4d

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,

4don MSN

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 ...

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Not A Bright Spark? Goldman Sachs Loses Almost $1 Billion On EV Battery Company

Goldman Sachs has a smudge on its face when it comes to electric vehicle batteries. The storied Wall Street giant was a major ...

4don 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 ...

2don MSN

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, ...

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 ...

Goldman Sachs takes $1.4b hit on green battery investment

The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.

The Financial Times3d

Goldman’s $900mn hit

Goldman Sachs first invested in Swedish battery maker Northvolt in 2019 when, along with other investors including German carmaker Volkswagen, it led a $1bn Series B funding round that enabled ...

The Free Press Journal2d

Goldman Sachs Shares Continue To Zoom Despite Taking A ₹7,500 Crore Hit After Northvolt Files For Bankruptcy

Goldman Sachs is one of America's and the world's ... The company recently took a major hit as the Swedish EV battery maker Northvolt filed for bankruptcy. The company CEO also stepped from ...

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Northvolt's bankruptcy: The end of Europe's electric dream?

It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...

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