SEOUL, Dec 16 (Reuters) - Creditors of South Korea's Ssangyong Motor said on Tuesday that its lead manager has recommended chemical conglomerate China National Blue Star Group as the preferred bidder for the auto maker.
General Motors Corp and other global carmakers have been vying for a 55.4 percent interest in Ssangyong, put up for sale by creditors who took the control of the debt-laden firm in December 1999.