China’s LandOcean Energy, Fordham Funds to set up $142m merger vehicle

China’s LandOcean Energy, Fordham Funds to set up $142m merger vehicle

Electric Potential Energy (Photo: Internet Archive)

LandOcean Energy Services, a Shenzhen-listed energy provider, on Friday announced that it has signed an agreement with Fordham Funds Management Company to launch a 1 billion yuan ($142 million)  merger fund, per a company filing.