goldman sachs northvolt news

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,

Reuters · 1d

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.

bnnbloomberg · 1d

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,

Bloomberg L.P. · 1d

Goldman Funds Take $900 Million Hit on Northvolt Stake, FT Says

Goldman’s $900mn hit

Plus, Trump’s stock market honeymoon, Germany’s ‘debt brake’, and Francis Bacon at the National Portrait Gallery ...

1don 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 ...

Edie18m

EV battery maker Northvolt collapses into administration

Swedish electric vehicle (EV) battery developer and manufacturer Northvolt has collapsed into administration, with at least ...

3hon MSN

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

In this major development, Goldman Sachs will be writing off a monumental amount of nearly USD 900 million. This amount to Rs ...

4hon MSN

Northvolt crisis may be make or break for Europe's EV battery ambitions

By Marie Mannes, Alessandro Parodi, Stine Jacobsen STOCKHOLM/GDANSK (Reuters) -Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

19h

Northvolt’s Collapse Countdown Started With BMW Pulling the Plug

For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...

electrive4d

Northvolt appoints restructuring manager for its battery factory

Ailing battery manufacturer Northvolt has appointed restructuring expert Paul O'Donnell as head of the Northvolt Ett factory.

Yahoo Finance1d

German minister 'cautiously optimistic' about battery firm Northvolt

Northvolt filed for bankruptcy on Thursday in the United ... So too is the US investment bank Goldman Sachs.

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 ...

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.

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