Nexen discusses cooperation with Michelin

ERJ staff report (DS)

Seoul, Korea -- In a brief stock exchange filing, Nexen Tire has said it is in discussions with Michelin over a joint venture project. The company issued the filing in response to rumours in the press, but said there is no more to add at this stage. The company expects to make an announcement in due course.

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Stock exchange announcement from Nexen (Korean language)

Text of above announcement translated into different languages