China's Blue Star says Ssangyong talks "deadlocked"


By Ben Blanchard SHANGHAI, March 24 (Reuters) - Talks over Chinese firm Blue Star's acquisition of control of South Korea's debt-laden auto maker Ssangyong Motor Co have stalled, mainly over price, an official at the Beijing-based company said Wednesday. Creditors like Chohung Bank had picked Blue Star, a state-run chemicals conglomerate with annual sales of over 10 billion yuan ($1.2 billion), as a preferred bidder for a controlling slice of Ssangyong, ahead of another Chinese state ...

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