Volkswagen has taken major writedown on Northvolt stake, …
1 day ago · 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 …
Volkswagen writes down Northvolt stake following bankruptcy …
20 hours ago · Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, following the company's recent filing for bankruptcy protection in the …
Volkswagen Reduces Stakes in Northvolt, Signs Contract With …
17 hours ago · Per sources, Volkswagen's writedowns occurred throughout this financial year. At the end of 2023, VWAGY reported the book value of its Northvolt holding at €693 million, …
Volkswagen has taken major writedown on Northvolt stake, …
By Christina Amann BERLIN (Reuters) - Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for …
Volkswagen wrote down majority of its stake in Northvolt over …
1 day ago · Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish battery maker’s filing for Chapter 11 bankruptcy, according …
Volkswagen has taken major writedown on Northvolt stake, …
1 day ago · Volkswagen declined to comment on the writedowns, reiterating that it would not make any statements on the impact Northvolt's filing will have on the company. The Financial …
Volkswagen slashes the value of its stake in Northvolt, the …
1 day ago · 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 …
VW and Goldman Sachs write off Northvolt investments
1 day ago · Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the battery maker. ... Volkswagen, Northvolt’s …
Volkswagen records major writedown on its stake in battery …
1 day ago · Volkswagen (OTCPK:VWAGY) has taken a major writedown of its 21% stake in the Swedish battery company, Northvolt, Reuters reported Monday, citing two sources.The …
Volkswagen investment chief steps down from Northvolt board
Nov 11, 2024 · The head of investments at German auto maker Volkswagen is leaving the board of Sweden's Northvolt, the Swedish battery maker said on Monday, confirming media reports.
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