Metair could commence splitting itself into two in the fourth quarter, separating its European-based acid battery business from its faster-growing SA automotive components maker, MD Theo Loock said on Wednesday. 

Splitting the two businesses will allow Metair’s shareholders to attach value to the energy business, whose major asset is Turkey-based lead acid battery maker Mutlu Akü. The automotive components business is locally based, focused on SA vehicle manufacturers...

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