As planned, sports car manufacturer Porsche has acquired a majority stake in the Varta subsidiary V4Drive Battery. The latter ...

Inspired by the 10 hands of the goddess Durga, sources said the project aimed to eradicate evil from society, just like the ...

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

European stocks edged higher on Wednesday, aided by defensive sectors, as uncertainty around China’s stimulus plans kept the mood subdued ahead of key U.S. inflation data later this week. The ...

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

VARTA AG signs agreement with Porsche regarding investment in business unit for large-format lithium-ion cells 09-Oct-2024 ...

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

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

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

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

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 ...