Swedish AP Funds Write Off Entire $531 Million Northvolt Bet (1)
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.
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Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.
Sweden’s Pension Fund AP2 Writes Down Northvolt Stake to Zero
Sweden’s state-owned pension fund AP2 has written down its entire stake in bankrupt battery maker Northvolt AB, according to the fund’s annual report.