ITEL <ITEL> COMPLETES FLEXI-VAN ACQUISITION Itel Corp said it completed the previously announced purchase of the container fleet and certain related assets of Flexi-Van Leasing Inc for about 130 mln dlrs cash and marketable securities, 30 mln dlrs in notes, three mln shares of newly issued Itel common and assumption of certain liabilities. The company said it obtained financing from a syndicate of major banks for 150 mln dlrs.