Northvolt, Goldman Sachs

VW and Goldman Sachs write off Northvolt investments
Nothvolt 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.
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 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.
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,
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,
Yahoo45m
Volkswagen writes down Northvolt stake following bankruptcy filing
Volkswagen has not commented on the writedown, maintaining silence on the potential impact of Northvolt's filing on the ...
Climate Crisis 247 on MSN21h
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 ...
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 ...
Goldman’s $900mn hit
Plus, Trump’s stock market honeymoon, Germany’s ‘debt brake’, and Francis Bacon at the National Portrait Gallery ...
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, ...
Northvolt crisis marks major blow for Europe's EV battery hopes
STORY: Northvolt’s financial collapse could spell the end of Europe’s ambitions to set up its own battery industry to power ...
The Financial Times3d
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 ...
Hosted on MSN1d
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 ...