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Astec


Astec, the power converters company, has accepted a new approach from Emerson Electric of the US for the 49% stake it does not already own, in a deal that values Astec at £265m.
26-Nov-1998


Astec is to acquire the Advanced Power Systems operation of Canada's Northern Telecom for about £200m, as part of a strategy to move into the manufacture of higher value products for the telecoms sector.
15-Aug-1998