Mighty River Stock a `Long-Term Holding'

May 10 (Bloomberg) -- Andrew Bascand, managing director at Harbour Asset Management Ltd., talks about Mighty River Power Ltd.'s initial public offering. Mighty River first traded at NZ$2.73 in Wellington compared with the NZ$2.50 offer price, valuing the Auckland-based company at NZ$3.8 billion ($3.2 billion). Bascand speaks from Wellington with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Northacre CEO Says U.K. Snap Election Creates Opportunity
54:04 - Niccolo Barattieri Di San Pietro, chief executive officer at Northacre, discusses issues facing the U.K. real estate market and their impact on foreign buyers. He speaks with Mark Barton on "Bloomberg Surveillance." (Source: Bloomberg)
  • Duncan Smith Sees Rational Brexit Negotiations Ahead
  • Duncan Smith Says Economy Outperformed Since Brexit Vote
  • Five Things We Learned This Week