NEW YORK (Reuters) - Alternative asset manager Blackstone Group LP (N:BX) is still open to doing deals in Italy despite political turmoil in the euro zone country, President and Chief Operating Officer Jon Gray said on Wednesday.
"Sure," Gray said at a conference organised by Deutsche Bank (DE:DBKGn), when asked if the firm would be buy Italian assets right now. "It's a function of price."
In January, Blackstone agreed to buy a majority stake in the Financial and Risk business of Thomson Reuters Corp (N:TRI), (TO:TRI), the parent company of Reuters News, in a $20 billion (15 billion pound) deal. Reuters News will remain part of Thomson Reuters.