South32 Says Work to Do on Growth as Debut Misses Estimates

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(Bloomberg) -- Graham Kerr, chief executive officer of South32 Ltd., the Perth-based mining company spun off from BHP Billiton Ltd., talks about its balance sheet and business strategy. South32 was valued at about A$11.3 billion ($9.1 billion) on its trading debut in Australia, missing analyst estimates. Kerr speaks with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)

South32 Ltd., the miner spun off from BHP Billiton Ltd., missed analyst estimates on its Sydney trading debut with investors valuing it at about $9.1 billion amid concern for its growth potential.

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