STOCKHOLM, Aug 8 (Reuters) - Many of Northvolt's

creditors will lose a lot of money in the Swedish battery

maker's bankruptcy, the process trustee said on Friday, adding

the sale of the business to U.S. battery startup Lyten is a

significant achievement.

Northvolt's unsecured creditors include its largest

shareholders Goldman Sachs and Volkswagen, whose

brands Scania, Porsche and Audi were customers of the battery

maker.

Backed by Jeep-owner Stellantis ( STLA ) and delivery

service FedEx ( FDX ), Lyten on Thursday said it would buy most

of Northvolt, offering a way back for the European company that

was once seen as the region's answer to rivals in Asia.

Northvolt filed for bankruptcy last November with more than

$8 billion in debt. The trustee did not indicate exactly how

much creditors could lose under the process.

Bankruptcy trustee Mikael Kubu said the acquisition would be

closed for Swedish assets by the end of October with the deal

taking "a bit more time" to close abroad.