The restructuring process at the beleaguered German battery manufacturer Varta has passed another hurdle, its chief executive told dpa on Wednesday. “We have been negotiating for a long time and have now also found a solution with the bondholders,” Michael Ostermann told dpa. He expects that the group will now largely agree to the concept. This enables a much faster and simpler process, he said. According to Ostermann, almost all groups affected by the restructuring are now largely in favour of the concept announced in mid-August. The only exception is the small shareholders, which is not surp…