Decarbonization Plus Acquisition Corporation II (DCRN) to Combine with Tritium in $1.4Bn Deal

Decarbonization Plus Acquisition Corporation II (NASDAQ:DCRN) has entered into a definitive agreement to combine with EV direct current charger manufacturer Tritium at an enterprise value of $1.4 billion, or 3.9x its 2023E revenue. The Brisbane-based company manufactures proprietary hardware and software to create advanced direct current fast chargers for electric vehicles that operate in extreme
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