S.Africa's Impala Platinum offers to buy metals producer Royal Bafokeng

(Reuters) - South Africa's Impala Platinum said on Monday it was planning to make an offer to buy smaller platinum group metals producer Royal Bafokeng for 150 rand per share in a cash-and-stock deal.

In a separate statement, Royal Bafokeng said that at this stage its independent board does not express any view or recommendation on the merits of the offer.

(Reporting by Shanima A in Bengaluru; Editing by Arun Koyyur)