German battery maker Varta’s restructuring needs to be documented and submitted to the relevant court following agreement from the boards of the parties involved, a Varta spokesman said on Monday. The initial process could take a few weeks, and the full restructuring concept would probably take a few months, he said from company headquarters at Ellwangen. The aim was to conclude it by the end of the year. Over the weekend, Varta announced agreement with creditors and investors on debt reduction and new funding, with Porsche one of the main participants. If all goes according to plan, this will…