Vigorous trading in New Zealand power company IPO

Associated Press
Vigorous trading in New Zealand power company IPO

New Zealand's Finance Minister Bill English, second left, holds a gavel at the stock market launch of Mighty River Power in Wellington, New Zealand on Friday, May 10, 2013. The government raised 1.7 billion New Zealand dollars ($1.4 billion) from the sale of a minority stake in the state-owned New Zealand power company. Others are Mighty River Power chairwoman Joan Withers, left, stock market Chief Executive Tim Bennett and State Owned Enterprises Minister Tony Ryall, right. (AP Photo/Nick Perry)

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