Operating both wine retail shops and resturants, Wine Connection is one of the biggest wine importers in Southeast Asia (pic: Wine Connection)

Singaporean investment heavyweight Heliconia Capital Management Pte Ltd has finalized its acquisition of Wine Connection, the leading operator of wine shops and restaurants in Southeast Asia, in a deal reportedly valued at US$100 million.

Singaporean investment heavyweight Heliconia Capital Management Pte Ltd has finalized its acquisition of Wine Connection, the leading operator of wine shops and restaurants in Southeast Asia, in a deal reportedly valued at US$100 million.

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