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VIG Partners to acquire Winplus for $69 million

South Korean private equity firm, VIG Partners, is acquiring an approximately 83 percent stake in Winplus, Deal Street Asia has reported. VIG Partners will reportedly pay $69.14 million for the transaction. Winplus is a local fine food materials wholesaler and distributor. It owns over 600 different private brand products and operates seven supermarket chains in the Gyeonggi Province.

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South Korea,private equity,PE deals,private equity deals