As planned, sports car manufacturer Porsche has acquired a majority stake in the Varta subsidiary V4Drive Battery. The latter ...
Struggling German battery maker Varta said luxury car maker Porsche AG would invest in its business unit for large-format ...
Varta secured 60 million euros ($65.89 million) in financing from Porsche AG and major shareholder Michael Tojner to cover ...
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 ...
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 ...
Dr. Ing. h.c.F. Porsche AG intends to acquire a controlling stake in V4Drive Battery GmbH, a subsidiary of Varta AG for the production of batteries. This is reported in a Porsche press release. As ...
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 2024 Porsche Panamera is easily overshadowed by Porsche’s better-selling SUVs, its more exciting sports cars and its more future-forward sedan, the Taycan. The Panamera’s body style ...
Pune Police made shocking new revelations Friday in the Porsche crash case, claiming several members of the family of the accused - the teen boy who was allegedly drunk while driving the Rs 2.5 ...