Northvolt Trustee Evaluates Binding Offers, SR Reports

Northvolt’s trustee, Mikael Kubu, is currently evaluating the binding offers that have been submitted for the bankrupt maker of EV batteries, Swedish Radio reports late Monday.

• The price offered and the prospective buyer’s ability to close the deal will be key factors in his decision, Kubu says
• Trustee hopes that a deal can be closed within weeks
• NOTE, July 1: Five Foreign Firms Consider Buying Northvolt, TT Says

To contact the reporter on this story:
Christopher Jungstedt in Stockholm at cjungstedt@bloomberg.net

To contact the editors responsible for this story:
Anton Wilen at awilen@bloomberg.net

Kati Pohjanpalo

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