Deutsche Bank and Creditors Push Ahead with Varta Breakup After Apple Order Cancellation Deutsche Bank and creditor funds begin sale of Varta’s battery unit after Apple cancels orders; Allswiss rescue …
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Varta
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Business
Varta files for insolvency as creditors plan breakup and asset sales
by Leo Müllerby Leo MüllerVarta insolvency filed as Stuttgart court receives four applications amid takeover talks Varta insolvency: German battery maker files for insolvency to preserve operations, with creditors and owners debating a split …
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Business
Varta faces breakup after Apple exit as Swiss investor seeks rescue
by Leo Müllerby Leo MüllerVarta Faces Crisis After Apple Pullout; Swiss Investor Seeks Rescue Varta faces a fresh crisis after Apple’s withdrawal from their business ties, threatening a break-up and the abandonment of planned …
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Business
Varta shutters Nördlingen factory after Apple ends supply contract
by Leo Müllerby Leo MüllerVarta plant closure confirmed after Apple ends supply contract Varta plant closure in Nördlingen announced after Apple ends its supply deal; 350 jobs will be affected and the site will …