UPDATE 1-China's Blue Star drops bid to buy Ssangyong


(Recasts with company dropping bid, adds Shanghai Auto, analyst comments) By Ben Blanchard SHANGHAI, March 24 (Reuters) - China's Blue Star, a chemical company that also runs a string of noodle restaurants, said on Wednesday it had given up plans to buy control of South Korea's Ssangyong Motor Co as it couldn't agree a price. Blue Star's failed attempt to buy a stake in the car maker opens the way for General Motors' main Chinese partner, Shanghai Auto, to try again after creditors ...

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