Bloomberg said he would either sell the company, or put it in a blind trust, but that at his age, 76, it makes more sense to sell it, according to the report.

"I think at my age, if selling it is possible, I would do that," Bloomberg reportedly said in the interview with Radio Iowa.

Bloomberg LP declined to comment.

(Reporting By Aparajita Saxena in Bengaluru; Editing by Anil D'Silva)