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Enviro Michelin Further Delay

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TPO Protocol
Definitive strategic partnership agreements with Michelin delayed again

Further Delays at Enviro Michelin

All parts of the definitive agreements between Scandinavian Enviro Systems and Michelin concerning the announced strategic partnership have not yet been fully negotiated. Accordingly, Enviro will not be convening an Extraordinary General Meeting (EGM) for approval of the agreements in January as previously announced. Both Enviro and Michelin expect that the agreements will be fully negotiated in the near future. As previously communicated, the agreements must first be approved by Enviro�...

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