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Lyten acquired Northvolt's remaining assets, with Goldman Sachs being a former largest shareholder and BMW/Audi being customers.

2 reports, 1 independent Updated Aug 7

Gone quiet

Reports: 2
Developments: 2
Repetition: 0%

New informationRepeats or wire copies

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Lyten acquired Northvolt's remaining assets, with Goldman Sachs being a former largest shareholder and BMW/Audi being customers.

Who's involved

What this event is mainly about

Lyten Northvolt Goldman Sachs

How it developed

Newest first. Tap a step to see who reported it.

Aug 7Lyten completed the acquisition of Northvolt's remaining assets.1 source
- Reuters
Aug 7Lyten's acquisition of Northvolt is backed by FedEx and aims to restart the Skelleftea plant in Sweden.1 source
- Reuters

Keep exploring

The entities involved

Lyten
U.S. company

Nothing else this week.
Northvolt
Swedish enterprise

Nothing else this week.
Goldman Sachs
American investment bank
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Coverage

Newest first; wire copies grouped

Aug 7ReutersFactbox-US startup seeks to recharge Europe's fallen battery icon Northvolt By Marie Mannes and Alessandro Parodi STOCKHOLM (Reuters) -Silicon Valley startup Lyten said on Thursday it had agreed to b
Aug 7ReutersUS startup Lyten to buy bankrupt European battery maker Northvolt By Marie Mannes STOCKHOLM (Reuters) -U.S. battery startup Lyten has agreed to buy most of bankrupt Swedish battery maker Northvolt, i