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Magna International to buy ixetic Verwaltungs for 308 mln euros

Oct 1 (Reuters) - Magna International Inc , one of the world's biggest auto parts manufacturers, said it will buy ixetic Verwaltungs GmbH for about 308 million euros ($396.24 million).

The deal includes two manufacturing facilities in Germany, and one in each of Bulgaria and China.

($1 = 0.7773 euros)

(Reporting by Shounak Dasgupta in Bangalore)

((shounak.dasgupta@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S. +91 80 4135 5800)(Reuters Messaging: shounak.dasgupta.reuters.com@reuters.net))

Keywords: MAGNAINTERNATIONAL OFFER/