Reuters: German battery maker Varta files insolvency applications

REUTERS reports: German battery manufacturer Varta has filed four ​insolvency applications, a spokesperson for ‌the Stuttgart district court said on Friday, marking another setback for ​the company. (…) – Varta ​now faces a potential breakup: Key creditors, ‌including ⁠Deutsche Bank, intend to take over the profitable household battery business, while Tojner has ​expressed interest ​in ⁠the micro- Read full article →