Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.

Company filed for bankruptcy in November Northvolt needs $1.29 billion until ... data in hand but rising uncertainty 11:21 AM UTC Oil prices extended gains on Tuesday amid concerns over Russian ...

Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had agreed to ...

Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle ...

Northvolt had ceased funding for most of its joint ventures and non-core businesses, including Novo, throughout 2024 to ...

This is a summary of a request from the Official Committee of Unsecured Creditors of Northvolt to hire Akin Gump Strauss Hauer & Feld as counsel, filed Jan. 13 with the U.S. Bankruptcy Court in ...

(Bloomberg) -- Northvolt AB has yet to line up investors willing to commit funds to allow the Swedish battery maker to emerge from Chapter 11 bankruptcy protection, according to people familiar ...

Swedish battery maker Northvolt AB has been granted a second deadline extension to file schedules and statements with a bankruptcy court in the U.S., according to a ruling on Jan. 15 seen by ...

Northvolt's controversial bonus scheme for key staff is set to be expanded to workers on the floor in spring. The Swedish battery maker's decision to pay out 5.4 million US dollars in bonuses to ...

Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt, the electric vehicle ...

STOCKHOLM/BERLIN/FRANKFURT (Reuters) - Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish ...

(Reuters) - (This Feb. 6 story has been corrected to say Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say 'purchase price is ...