After its IPO Friday, German brake conglomerate Knorr-Bremse is officially a public company. According to Transport Topics, Knorr-Bremse’s majority shareholder, Heinz Hermann Thiele, now has a net worth of about $15.3 billion. According to the site: Knorr-Bremse was founded in 1905,…
German manufacturer Knorr-Bremse reports a high level of interest in its upcoming IPO. In fact, the company is shortening its pre-sale offer period by a day. This pre-sale period is an opportunity for very large investors to purchase large blocks…
German brake maker Knorr-Bremse has been in business since 1905, but shares are going public for the first time. Last year, Knorr-Bremse had $7.2 billion in revenue. It controls a large share of the market in pneumatic commercial and train…