BETHESDA, Md., Nov. 15 /PRNewswire-FirstCall/ -- American Capital Strategies Ltd. ( Nachrichten ) announced today it has invested $50 million in the recapitalization of Varel Holdings Inc., parent to Varel International Ltd., a worldwide designer and manufacturer of roller-cone and polycrystalline diamond compact ("PDC") drill bits for the oil&gas and mining industries.
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