Goldman Sachs records $900 million hit on Northvolt investment, FT reports-March 2024-www.financetom.com

Goldman Sachs records $900 million hit on Northvolt investment, FT reports

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Goldman Sachs records $900 million hit on Northvolt investment, FT reports

Nov 23, 2024 7:54 AM

Nov 23 (Reuters) - Funds managed by Goldman Sachs ( GS )

will write off nearly $900 million after Swedish lithium-ion

battery producer Northvolt filed for Chapter 11 bankruptcy

earlier this week, Britain's Financial Times reported on

Saturday.

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