June 1, 2018 / 7:02 AM / 6 months ago

South Africa's Metair bids $350 mln for Slovenian car battery maker

JOHANNESBURG, June 1 (Reuters) - South African auto parts maker Metair has offered to buy Slovenian battery car maker Tovarna Akumulatorskih Baterij for 300 million euros ($350 million), it said on Friday.

Metair also said the deal was still in its early stages and the talks may not result in successful transaction.

$1 = 0.8566 euros Reporting by Tiisetso Motsoeneng; editing by David Evans

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