
Knorr-Bremse set to become German IPO of the year
The German brake system maker hopes to raise more than €4.2 billion during its initial public offering set for October 12, which could make the listing of the “hidden champion” the most valuable in 2018.Knorr-Bremse said on Friday that strong investor demand for its 35 million shares to be publicly listed on October 12 could …