February 3, 2020 / 5:19 PM / 14 days ago

Wizz Air investors to sell shares worth 500 mln stg

Feb 3 (Reuters) - Investment funds managed by Private equity firm Indigo Partners plan to sell Wizz Air shares worth 500 million pounds ($650 million) via an accelerated bookbuilding process, the deal’s bookrunner said on Monday.

The Indigo shareholders own 20.6% of Wizz Air, which mainly flies to central and eastern Europe. ($1 = 0.7694 pounds) (Reporting by Noor Zainab Hussain in Bengaluru Editing by David Goodman)

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