Nexen Tire says no longer pursuing Michelin tie-up

SEOUL Fri Dec 9, 2011 9:11am GMT



SEOUL Dec 9 (Reuters) - South Korea's Nexen Tire said on Friday the tyremaker was no longer considering a collaboration with French tyremaker Michelin .

Nexen said in a regulatory filing that its attempt to set up a joint venture with the French firm was suspended. (Reporting by Ju-min Park; Editing by Jacqueline Wong)