BRIEFS

Thor ups offer for Empire State

Thor ups offer for Empire State

Thor Equities, one of New York City's largest landlords, has raised its offer to buy the Empire State Building in central Manhattan. Thor has offered to buy Empire State Building Associates, which owns the land, the 102-storey tower, and the master lease on the historic skyscraper, for $US1.4 billion in cash.

Koch to buy Molex for $7.8b

Koch Industries, the sprawling US global industrial conglomerate, has announced it is buying Molex, a manufacturer of electrical components, for $US7.2 billion ($7.8 billion). Molex makes electronic and fibre-optic interconnection systems in 15 countries and employs more than 35,000 people worldwide.

Compo talks over spill

Shell officials have begun talks in Nigeria's southern city of Port Harcourt with representatives for the Bodo community on compensation and clean-up, five years after one of the worst oil spills in Nigeria's history.

InvestSMART FORUM: Come and meet the team

We're loading up the van and going on tour from April to June, with events on the NSW central & north coast, the QLD mid-north coast and in Perth, Adelaide, Melbourne, Sydney and Canberra. Come and meet the team and take home simple strategies that you can use to build an investment portfolio to weather any storm. Book your spot here.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Related Articles