Eastern Europe’s Wizz Air Said to Hire Banks for IPO in London

Wizz Air, Eastern Europe’s biggest budget carrier, has appointed Barclays Plc, Citigroup Inc. and JPMorgan Chase & Co. to manage an initial public offering in London, according to people with knowledge of the matter.

The sale of the carrier, created in 2003, may happen as early as the second half of this year, one of the people said, asking not to be named as the plans aren’t public.