Indigo Partners Plans to Sell 400 Million Pounds Worth of Shares in Wizz Air

Wizz Air shareholder Indigo Partners LLC is planning to sell up to 400 million pounds ($555.56 million) of ordinary shares in the Hungarian low-cost airline, Barclays Bank said on Monday.

Indigo owns 15 million shares, or 17.5%, in Wizz Air as of Monday, said the bank, who is acting as the global coordinator on the deal.