Wizz Air’s Largest Shareholder Indigo Partners Halves Stake

Wizz Air A321XLR
Credit: Airbus
U.S.-based low-cost airline investor Indigo Partners has sold half of its remaining shares in Wizz Air. Indigo, led by MD Bill Franke—who is also Wizz Air chairman—raised £400 million ($556 million) through the sale, which saw it part with shares equal to roughly 9% of the Hungary-based ULCC. Indigo...

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