October 10, 2018 / 8:03 AM / in 13 days

Knorr-Bremse IPO orders below 80 euros per share risk missing out - bookrunner

MUNICH (Reuters) - Orders below 80 euros (70 pounds) per share for the initial public offering of German brake systems maker Knorr-Bremse (KBX.D) risk missing out on the float, with the books closing at 1100 GMT, one of the bookrunners said on Wednesday.

Knorr-Bremse said on Monday it was accelerating its IPO thanks to strong investor demand, in a flotation that may value the group at 12.9 billion euros .

Reporting by Alexander Huebner; Writing by Maria Sheahan; Editing by Michelle Martin

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