UPDATE 2-Wizz Air postpones float over valuation-sources | Reuters:
"Wizz Air, central eastern Europe's largest airline, has postponed plans to list its shares on the London Stock Exchange because it was unlikely to get the valuation it wanted, sources close to the deal told Reuters on Monday.
In a statement posted on its web site, Wizz cited market volatility in the airline business for the decision, without giving further detail. The sources said recent turbulence in the airline market meant it would not have been valued at around 500 million pounds ($839.6 million) as it had hoped, one source said.
The budget carrier said last month it aimed to raise 200 million euros ($272 million) via the listing to strengthen its balance sheet as it seeks to fund more growth."
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