Madison Wine Announces Its Intention to Acquire World's Largest Auction House Acker Merrall & Condit

HONG KONG, April 13, 2016 /PRNewswire/ -- Madison Wine (Stock Code: 8057.HK) today announced that it has signed a Memorandum of Understanding to acquire one of the world's largest wine auction houseAcker Merrall & Condit (Target Company).Madison Wine intended to acquire and own up to 45% equity i...