The funds had invested 5.8 billion Swedish kronor ($531 million) in Northvolt’s shares and convertible debt via the jointly-held vehicle 4 to 1 Investments AB. The value of the investment ...

Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now, the automaker’s €1.4 billion stake is worth less than ...

Northvolt went from ... to continue operations if their equity value is estimated to have dropped below half that of their registered share capital. "We chose to vote in line with the Northvolt ...

The vote was scheduled in December under a Swedish law that requires shareholder approval to continue operations once equity falls below one-half of registered share capital. While Northvolt ...

At the end of 2023, Volkswagen reported the book value of its shareholding in Northvolt at €693m ($726m), nearly a quarter down from the previous year. This value has reportedly decreased ...

Denmark’s biggest pension fund, ATP, has marked down the value of its $6 billion unlisted assets portfolio as a result of its stake in cash-strapped battery maker Northvolt AB, according to a ...

Volvo said it would invoke its "redemption rights to acquire Northvolt's shares in NOVO Energy." "This action follows a breach of the parties' shareholders' agreement where Northvolt AB has not ...

of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country. The federal government will this month reimburse lender KfW for the value of a ...

Volkswagen and Goldman Sachs each own about one fifth of its shares. Northvolt said on Friday it ... sector before China eats up the entire value chain, which is due to smart planning," said ...

Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt ... knowledge—and score 2 tickets for the price of 1. Answer a few quick AI trivia ...