Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...
The Goldman private equity funds, which together ranked as the second-largest shareholders in Northvolt, plan to write down ...
Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Europe's biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy protection on Thursday ...
Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...
The Swedish maker of battery cells went in a matter of months this year from being Europe's best shot in a vital industry for ...
Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in ...
Quebec Economy Minister Christine Fréchette is reassuring the province following the announcement that Northvolt, the Swedish ...
Northvolt, whose motto is "make oil history ... with a 21 per cent stake, and Goldman Sachs, with a 19 per cent holding, as its biggest owners. Here is a timeline of major events.