Mexico's Volaris Falls on Planned Shareholder Secondary Offering

  • Airlines' shares post biggest decline since February 2014
  • Company's stockholders plan to offer 90 million ADSs

Controladora Vuela Compania de Aviacion SAB tumbled the most in 20 months after saying some of its investors, including units of Discovery Americas and Blue Sky Investments, plan to sell shares in a secondary offering.

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