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

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

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

Varta secured 60 million euros ($65.89 million) in financing from Porsche AG and major shareholder Michael Tojner to cover ...

notably by accepting the support of car manufacturer Porsche. According to new proposals, Porsche will take a 32% stake in ...

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 ...

German battery manufacturer Varta has launched Varta.wall, the latest generation of its DC high-voltage storage systems. The company first presented the battery at Intersolar 2022, but has not ...

VARTA AG and Porsche concluded an agreement to this effect today. In order to implement the investment, a capital increase will be carried out at V4Drive Battery GmbH, in the context of which ...

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

GDANSK (Reuters) - Struggling German battery maker Varta said luxury car maker Porsche AG would invest in its business unit ...