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

The same cut will also be acquired by current majority owner Michael Tojner, who has agreed to invest €60m. Existing lenders, ...

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

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

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 ...

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

Funded in 1982 in Croatia, the company was acquired by the Montana Tech Components group by Michael Tojner in 2012 in an economically difficult situation. Focused on flexible aluminium packaging ...

Michael Madsen filed for divorce Wednesday and accused his estranged wife of driving their son to suicide. Madsen, 66, cited "irreconcilable differences" as his reason for the split but added a ...

Michael Cohen, Donald Trump’s former lawyer who testified for the state in Trump’s criminal trial in New York this past spring, told MSNBC on Tuesday that he intends on leaving the country if ...

Michael Nietzel is president emeritus of Missouri State University. A Forbes contributor since 2019, he writes about higher education. After earning his B.A. from Wheaton College (Illinois), he ...

Varta secured 60 million euros ($65.89 million) in financing from Porsche AG and MT InvestCo to cover its debt, the ...