Monday, April 16, 2007

UPDATE 1-Norway's Eltek buys U.S. firm for up to $130 mln

(Reuters) - The total enterprise value of the acquisition is between $120 million and $130 million, Eltek's Chief Financial Officer Joergen Larsen told Reuters.

Established in 2001, Valere Power is backed by private equity investors including Alcatel Ventures, Dali-Hook Partners, JP Morgan Partners and Sierra Ventures.


Read more at Reuters.com Mergers News

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