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 ...

The site, near the Arctic Circle, belongs to the battery-manufacturing startup Northvolt and sits next ... accounting for 12.1% of the total market share for new cars in Europe.

STOCKHOLM (Reuters) - The owners of Northvolt voted to ... operations if their equity value is estimated to have dropped below half that of their registered share capital. "We chose to vote ...

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 ...

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 ...

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 ...

Northvolt has invited bankers to pitch for roles on a stock market listing that could value it at about $20bn as early as next year. Carlsson said Northvolt was making sure it was ready to become ...

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 ...

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 ...