Tritium Announces Business Combination With Decarbonization Plus Acquisition Corporation II
Vinson & Elkins advised Decarbonization Plus Acquisition Corporation II, a special purpose acquisition company sponsored by an affiliate of Riverstone Holdings LLC, in a definitive agreement for a business combination with Tritium, a Brisbane-based developer and manufacturer of direct current fast chargers for electric vehicles, that would result in Tritium becoming a publicly listed company. Tritium is valued at $1.2 billion in connection with the transaction.
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