P521ORACLE 521 Mon 3 Mar C4 1727:52   ELLIOTT BUYS  ELECTRICAL ENGINEERS Machine tools manufacturer B Elliott has bought electrical engineers JM Clarke of Leicester. Under the deal, £1.25m has been paid, with a further £150,000 due at the year's end as well as a deferred amount of up to £600,000 depending on profits. Clarke manufactures and sells transformers and specialist power supply units with widespread industrial applications. City headlines 500 Newsfile 520  SKIING H/LS...........584