Wizz Air's top stakeholder sells 12.5 million shares in airline at discount
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(Reuters) - Wizz Air Holdings Plc's largest shareholder, private equity firm Indigo Partners, on Tuesday sold about 12.5 million shares of the low-cost airline at a 3.5% discount to the stock's last close, according to a bookrunner.The sale, at a price of 4,015 pence per share, raised proceeds of about 500 million pounds.Shares of Wizz Air were down 1.4% at 4,093 pence in early trading.Indigo Partners will hold about 2.5 million shares in Wizz, an about 3.4% stake in the airline, after the sale..