Decarbonization Plus IV (DCRD) to Combine with Hammerhead Resources in $1Bn Deal
Decarbonization Plus IV (NASDAQ:DCRD) has entered into a definitive agreement to combine with energy company Hammerhead Resources at an enterprise value of C$1.39 billion ($1.15 billion), or 3.7x to 3.2x its 2022E EBITDA. Calgary, Canada-based Hammerhead produces natural gas and oil from the Montney basin. The combined company is expected to trade on the NasdaqRead More
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