April 28 (Reuters) - ABB Ltd ABBN.VX :

* Bel agrees to acquire power-one power solutions from ABB for $117 million

* Says deal for about $117 million

* Says keybank n.a. to finance the acquisition and will also use cash on hand

* Says deal expected to close in the second quarter of 2014 and to be

immediately accretive to bel's earnings

* Says Bel is using keybank n.a. to finance the acquisition and will also use

cash on hand.

* Source text for Eikon ID:nBw4BCRqsa

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