Struggling German battery maker Varta said luxury car maker Porsche AG would invest in its business unit for large-format ...

VARTA AG signs agreement with Porsche regarding investment in business unit for large-format lithium-ion cells ...

The struggling battery manufacturer Varta has taken a significant step closer to financial recovery. This progress is ...

Varta secured 60 million euros ($65.89 million) in financing from Porsche AG and MT InvestCo to cover its debt, the ...

Varta said Monday that it had entered into a lock-up agreement with creditors which requires them to support the restructuring plan that the company has been negotiating for several months. It expects ...

Varta, the German battery manufacturer which is in restructuring, has signed agreements for a €60m equity injection and €30m ...

The continent-wide STOXX 600 index was up 0.1%, as of 0711 GMT, with investors buying into utilities, healthcare and real ...

Restructure of Company VARTA AG: VARTA AG concludes material agreements as part of the restructuring concept and secures short-term bridge financing 07-Oct-2024 / 14:08 CET/CEST Disclosure of an ...

Embattled German battery-maker Varta AG has adjusted its restructuring plan to help win the support of a key group of lenders, paving the way for its approval. A “large proportion” of holders ...

German battery maker Varta's restructuring needs to be documented and submitted to the relevant court following agreement from the boards of the parties involved, a Varta spokesman said on Monday.

Varta secured 60 million euros ($65.89 million) in financing from Porsche AG and MT InvestCo to cover its debt, the ...