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

Stable cash flow and improvement in earnings in Denmark • Net sales were unchanged, at SEK 8,108 million (8,106) • The order backlog was SEK 14,929 million (17,000) • EBITA increased by 1 percent to S ...

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.

Sweden’s state-owned pension fund AP2, Gothenburg, has written down its entire stake in bankrupt battery maker Northvolt, ...

NVent has a strong financial position. The company has an investment-grade BBB credit rating, underpinned by manageable leverage and strong cash flow generation. NVent has just over $2 billion of ...

CEO Beth Wozniak described 2024 as a transformative year for nVent, citing 9% sales growth in Q4 and 13% for the full year. She emphasized the divestiture of the Thermal Management business, which ...

Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...

NuVista Energy Ltd . (TSX:NVA), a Canadian small-cap oil and gas exploration and production company with a market capitalization of $64 million, finds itself navigating a complex energy landscape ...

Northvolt, currently under US bankruptcy protection, stopped funding most of its joint ventures, including Novo, throughout ...

Volvo Cars and Northvolt AB have signed a share purchase agreement relating to Northvolt’s shares in NOVO Energy AB, leading to Volvo Cars taking full ownership of NOVO Energy AB, subject to approval ...

Northvolt agreed to sell its interest in the joint venture NOVO Energy with Volvo Cars, as the battery maker navigates U.S. bankruptcy protection. The companies remain open to exploring collaborations ...

Volvo Cars has agreed to acquire Northvolt's stake in their joint battery venture, NOVO Energy, after Northvolt's financial difficulties. The venture was established in 2021 to construct a battery ...