Knorr-Bremse IPO a Success
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,…