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AB Electronic Products Plc has agreed to pay an initial UKP600,000 cash and up to UKP3.3m in total, the balance to be in shares, for microcomputer and peripherals distributor Eltec Services Ltd: the company made UKP53,000 net on sales of UKP15m in the year to October 31 and had UKP290,000 net assets at that time.

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