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Goldman on hook for nearly $900M loss on Northvolt stake
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 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 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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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
Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., ...
1d
Northvolt’s Ex-Tesla CEO Quits In EV Battery Bankruptcy Fallout
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...
1d
Northvolt files for bankruptcy—putting the breaks on Europe’s EV dreams
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
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 ...
2d
Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
1d
Swedish EV battery market Northvolt files for bankruptcy in US
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
autoweek on MSN
1d
Northvolt Files for Bankruptcy, CEO Departs
Northvolt
's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, ...
1d
Northvolt CEO Peter Carlsson Steps Down
The Swedish battery maker said Carlsson will become a senior adviser as the company enters U.S. bankruptcy and initiates a ...
1d
Northvolt CEO resigns as Europe's big hope for a battery champion files for bankruptcy
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...
DPA International on MSN
8h
German minister 'cautiously optimistic' about battery firm Northvolt
German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...
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Goldman Sachs
Europe
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