German billionaire Thiele sells €1bn stake in Knorr-Bremse

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German billionaire Thiele sells €1bn stake in Knorr-Bremse

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Heinz-Hermann Thiele, the German billionaire, has raised €1bn through a share sale in break manufacturer Knorr-Bremse, the second time he has sold shares in the company since it floated in 2018, raising questions about why he would return to sell so soon.

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